ABU DHABI/WAM The UAE continues to adopt a forward-looking vision to enhance the regulatory and ...
Read More »Sweden’s hike holds a lesson for ECB
If you’re searching for an example of how not to deal with negative rates, look no further than Sweden. The Riksbank chose to raise its repo rate back to zero, after years of negative rates, but it’s not at all clear why. Sweden’s economic outlook hardly suggests a hike is needed. Inflation is running at 1.7%, which is just below ...
Read More »