Swedish central banker flags uncertainty over coronavirus impact

STOCKHOLM (Reuters) – It is too early assess the impact of the outbreak of the coronavirus on Sweden’s economy and what it could lead to in terms of policy from the central bank, Riksbank Governor Stefan Ingves said on Saturday.

“There is genuine uncertainty and we have to deal with the uncertainty at the pace we get more clarity on what direction the economy is heading,” Ingves told reporters after a speech.

The Riksbank held rates unchanged at zero this month and said that it expected no change in policy for the coming years. [nL8N2AC2IT]

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Other Latest Category Post

Older Post