Monetary and financial trends - September 2018

Report - No. 6

Authors Danmarks Nationalbank
Subject Danish Economy; Current economic and monetary trends; Monetary conditions; The money and currency markets; Monetary- and foreign-exchange; Monetary policy; Monetary-policy instruments; Foreign-exchange market
Type Report
Year 2018
Published 12 September 2018
The krone has been stable, and it is the longest period without interventions in the currency market since adopting the fixed exchange rate regime in 1982. The ECB continues to normalise its monetary policy and expects to end net purchases of bonds after December 2018. In recent years, Danish households have shifted to loans with lower interest rate risk and loans with amortisation. This makes their disposable income less sensitive to interest rate changes.