Riksbank’s Ingves Says Covid-19 QE Is Likely to Exceed $30 Billion

The transcript discusses the Swedish central bank's strategies to maintain economic stability amid low policy rates, a forecasted GDP drop, and rising unemployment. The focus is on ensuring credit supply through asset purchases and balance sheet management rather than adjusting policy rates. The bank is exploring various asset purchases, including mortgage-backed securities and potentially investment-grade corporate bonds, to support the credit market. Liquidity programs are in place to ensure market function, with a focus on using all available tools to maintain financial stability.

How does the speaker view the current state of the credit markets?

What challenges are mentioned regarding the banks' participation in the liquidity program?

What does the speaker imply about the future of the policy rate and its necessity?