inflation is on target just like the european central bank here in the euro area the mandate of the rykes bank in sweden is to provide price stability and that is defined at the inflation rate you know an increase of consumer prices of 2 percent on average or slightly below that. but unlike in the eurozone in sweden this target has been met for quite a while now what's more the rykes bank is concerned about the negative implication the negative consequences of negative interest rates as well namely the very high prices on the real estate market in sweden high house prices and the high amount of debts that swedish households are sitting on also credit card debt this is something that obviously the right spend wanted to sue to do something about ok well when it comes to real estate we certainly familiar with this problem do you think this could trigger others especially the european central bank to follow suit . not in the short term because well in the euro area the inflation target of 2 percent or slightly below that is definitely not being met but of course this decision by the right spa

because there are lots of similarities between the european central bank and the rykes bank but there are also a lot of differences both have this 2 percent price target this inflation target where price stability is defined but i'm like here in the euro zone in sweden this inflation target has been met for quite a while so there are good reasons for the swedes to raise their interest rates but there are good reasons for the european central bank to keep them where they are on my books and in frankfurt thank you. talked about central bank the bank of japan is leaving its short term policy rate unchanged at negative 0 point one percent confirming a moderate expansion of the economy off the rise in consumption taxes in october majority of the central bank governors meeting in tokyo voted in favor of its current easing policy doing the buying of government bonds and the goal of the 0 percent return on benchmark 10 year bonds bank says there is no increased risk of a downturn in japan's economy. boeing's production stopped for its 737 max is affecting hundreds of supplies making critical