How low can they go? Central bank policy easing in 2015
Reuters - Mar 19, 2015
Sweden's central bank surprised markets on Wednesday by cutting interest rates further below zero and increasing its bond-buying stimulus program, reflecting its determination to prevent the crown's recent rise from snuffing out a pick-up in inflation.
It was the Riksbank's second decisive move in a month, but startled markets because it came between scheduled policy meetings.
The central bank is one of 24 monetary authorities around the world to have eased policy this year.
Below is a chronological list of central bank actions taken to counter the global deflationary pressures stemming largely from collapsing oil prices, or to boost flagging growth:
Jan. 1 UZBEKISTAN
Uzbekistan's central bank cuts its refinancing rate to 9 percent from 10 percent.
Jan. 7/Feb. 4 ROMANIA
Romania's central bank cuts its key interest rate by a total of 50 basis points, taking it to a record low of 2.25 percent. Most analysts polled by Reuters had expected the cut.
