“Essentially, the bank doesn’t want the kroner to increase in value— at least until 2% inflation has been reached — and is prepared to intervene to stop it doing so, by making its negative interest rates even more negative.”
“Essentially, the bank doesn’t want the kroner to increase in value— at least until 2% inflation has been reached — and is prepared to intervene to stop it doing so, by making its negative interest rates even more negative.”