Currency Wars: Sweden cuts rates. 17th central bank to cut this year.

"Sweden Adopts Negative Rate, Launches QE. Sweden’s central bank cut its main interest rate into negative territory for the first time and announced a bond-buying program, joining a widening group of central banks trying out unconventional measures to battle low inflation. The Riksbank, the world’s oldest central bank, lowered its benchmark rate to minus 0.1% from zero and said it would buy government bonds worth 10 billion Swedish kronor ($1.2 billion)"  (WSJ)