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Coming Back Through the Looking Glass of Negative Interest Rates

Dec 19, 2019 | 09:30 GMT
This photo illustration displays Swedish krona banknotes.

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....

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