8 December 2020
Riksbank’s governor Ingves: We have emphasised that policy rate may be cut to below zero, should the circumstances justify it
- Our focus has been on keeping interest rates low and ensuring that there is good access to liquidity
- New versions of old tools have made the Riksbank even better equipped to fulfil its tasks; but objective of attaining inflation target still remains
- We stand constantly ready to develop new tools and make new kinds of analysis so that we can reach our inflation target
- Changes in the central bank’s holdings of various assets will be important part of monetary policy for a long time to come
- Policy rate will remain an important instrument
- We have not abandoned negative rates if we were to need them in the future