Sveriges Riksbank

02/23/2021 | Press release | Distributed by Public on 02/23/2021 02:01

Breman: Monetary policy after corona – we need to think along new lines

So far during the corona crisis, monetary and fiscal policy have managed to complement each other well without any kind of formal cooperation. Monetary policy has been concentrated on both maintaining credit supply and keeping interest rates low. The focus of fiscal policy has been on helping companies in crisis-ridden sectors so that they can survive and not have to lay off staff and on providing support to households affected by the crisis.