Riksbank Governor Ingves says that if the economic situation deteriorates further it is possible to use monetary policy easing to further stimulate economy. However he warns that the functioning of the financial markets will deteriorate if the repo rate is cut further and other methods can be used.
These include holding the repo rate low for a longer period or maybe even a little quantitative easing. The latter isn’t imminent, as Ingves says there is reason to await a more detailed analysis of the need for and possibilities with asset purchases. But they’re thinking about it.