Sweden’s negative interest rate experiment ends

World’s oldest central bank ends hikes key rate back to zero amid growing concerns harmful side effects outweigh benefits

wd-sweden_-_harry_engelsgetty_images.jpg
(Image credit: Harry Engels/Getty Images)

The world’s oldest central bank has ended its five-year experiment with negative interest rates amid growing concern its harmful side effects could outweigh the potential benefits.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up