Factbox: How low can they go? Central bank policy easing in 2015

Thu Mar 19, 2015 5:55am EDT
 
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(Reuters) - Sweden's central bank surprised markets on Wednesday by cutting interest rates further below zero and increasing its bond-buying stimulus program, reflecting its determination to prevent the crown's recent rise from snuffing out a pick-up in inflation.

It was the Riksbank's second decisive move in a month, but startled markets because it came between scheduled policy meetings.

The central bank is one of 24 monetary authorities around the world to have eased policy this year.

Below is a chronological list of central bank actions taken to counter the global deflationary pressures stemming largely from collapsing oil prices, or to boost flagging growth:

Jan. 1 UZBEKISTAN

Uzbekistan's central bank cuts its refinancing rate to 9 percent from 10 percent.

Jan. 7/Feb. 4 ROMANIA   Continued...

 
The Swiss National Bank (SNB) building is seen in Bern January 21, 2015. REUTERS/Thomas Hodel