Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
The Riksbank’s Business Survey: “The whole of society…
The corona pandemic has meant that large parts of the business sector have experienced very rapid and severe falls in demand. In some sectors, companies are fighting for their survival, whereas other sectors have instead…
Bridge to Recovery: The Bank’s COVID-19 Pandemic Response
It’s a pleasure to participate in the C.D. Howe webcast today. I wish the circumstances were better. So much has happened so quickly. In the early days of March—just eight weeks ago—Canada had fewer than…
Teachable Moments from the Pandemic
Good afternoon. Let me begin by thanking Dean Hodgson for the invitation to be with you today. I wish it were under better circumstances. The events of the past few weeks clearly fit the definition…
Why Is Gold Not Behaving? Here Are A…
Gold has traditionally been a safe bet during crisis mode for economies, historically we have seen a flood of gold investors looking to offset existing positions or largely looking for a quick buck. Gold prices…
Riksbank initiates its extended government bond purchases
As announced on 16 March, the Riksbank intends to extend its purchases of securities this year by up to SEK 300 billion. The purchases will if necessary include bonds issued by the state and municipalities,…