News

Ingves: Policy rate setting and the monetary policy steering system

Picture of Governor Stefan Ingves 28/04/2008 Since last autumn there has been turmoil and instability in the financial markets. This has led to several central banks taking extraordinary measures. In Sweden we have not seen any major problems as a result of the financial turmoil and the Riksbank has not taken any special measures. This is partly because Swedish banks have not been exposed to the US subprime market. Another reason is that there are differences in the monetary policy steering systems in different countries. Monday 28 April 2008 Stefan Ingves held a speech on the Riksbank’s monetary policy steering system, that is, how a decision on the repo rate is actually put into practice.    Read more

Repo rate unchanged at 4.25 per cent

23/04/2008 At its meeting on 22 April, the Executive Board of the Riksbank decided to hold the repo rate unchanged at 4.25 per cent. The repo rate path remains the same as in February.  Read more

CALENDAR
07/05/2008 09:30

The minutes of the Executive Board's monetary policy meeting from 22 April will be published

07/05/2008 09:30

The minutes of the Executive Board's monetary policy meeting from 22 April will be published

07/05/2008 13:00

Executive Board meeting


See entire calendar
Key figures
THE RIKSBANK´S INFLATION TARGET
2.0%
The target has applied since 1995

Read more about the inflation target

THE INFLATION IN MARCH 2008
3.4%
Next CPI will be published on Tuesday 13th May at 09.30 a.m.

Read more about the current inflation rate

Link to Statistics Sweden, SCB

THE REPO RATE
4.25%
Applies from Wednesday, 30 April 2008

Press Release

Minutes of the Executive Board´s monetary policy meeting

Table, repo rate

MONETARY POLICY REPORT
The next Monetary Policy Report will be published on 3 July 2008

Monetary Policy Report

The Riksbank

Sveriges Riksbank is Sweden’s central bank and a public authority under the Riksdag, the Swedish parliament.  The Riksbank is responsible for conducting monetary policy, the objective of which is to maintain a low and stable level of inflation. The Bank also has the task of ensuring that payments in the economy can be made safely and efficiently.

Economic Commentaries "Economic Commentaries” is a new series which will include for instance brief investigations and debate pieces. ”Economic Commentaries" will be published approximately once a month. In the series both members of the Executive Board and other employees at the Bank publish their analyses in subjects that are relevant to the Riksbank’s operations. Read more
Review of the banknote and coin series The Executive Board of the Riksbank has decided to review the banknote and coin series. The nature of the assignment is to review denominations, formats, security features etc and to highlight environmental aspects and costs to society. Read more