Coming Back Through the Looking Glass of Negative Interest Rates
MIN READDec 19, 2019 | 09:30 GMT
Swedish krona banknotes. Sweden's central bank is set to end its five-year experiment with negative interest rates. Other central banks interested in returning monetary policy to "normal" will be watching the results closely.
(KAROL SEREWIS/SOPA Images/LightRocket via Getty Images)
Sweden is bucking the global trend in a limited way as its central bank, the Riksbank, is expected to raise its main policy rate from −0.25 percent to zero on Dec. 19. The move would end Sweden's five-year experiment with negative interest rates in a move that major central banks will watch for clues about how to "unwind" low and negative interest rates....