News

Unanimous decision by the Executive Board to increase the repo rate, but disagreement about the repo rate path

16/07/2008 The minutes published today show that the decision at the latest monetary policy meeting to raise the repo rate by 0.25 percentage points to 4.5 percent was unanimous. The minutes also show that there were different views among the Executive Board members on the repo rate path in the period ahead.    Read more

Repo rate raised 0.25 percentage points to 4.5 per cent

03/07/2008 At its meeting on 2 July, the Executive Board of the Riksbank decided to raise the repo rate to 4.50 per cent. The decision on the repo rate will apply from Wednesday, 9 July.  Read more

Economic commentaries: Real interest rates in Sweden by Björn Lagerwall

03/07/2008 In daily news reporting, the term interest rate almost always refers to the nominal interest rate. However, the real interest rate is more relevant to consumption and investment decisions. This economic commentary aims to describe the real interest rate concept and illustrate developments in Sweden in recent years. The real repo rate is also illustrated, both the outcome and the Riksbank’s forecast. In conclusion, the historical development of short-term real interest rates in Sweden is discussed.  Read more
Financial market statistics including money supply, May 2008. Press release on Statistics Sweden’s website
30/06/2008
Sveriges Riksbank Economic Review 2008:2
18/06/2008
The decision-making process and monetary policy deliberations
13/06/2008
News archive 
CALENDAR
26/08/2008 13:00

Executive board meeting

29/08/2008 13:00

General Council meeting

03/09/2008 09:00

Executive Board monetary policy meeting, No 4


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

Read more about the inflation target

INFLATION IN JUNE 2008
4.3%
Next CPI will be published on Thursday 7th August at 09.30 a.m.

Read more about the current inflation rate

Link to Statistics Sweden, SCB

THE REPO RATE
4.50%
Applies from Wednesday, 9 July 2008. Next monetary policy meeting will be 3 September 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 23 October 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.

Picture on a diagram
How inflation is affected by a rise in the oil price In an Economic Commentary authors make an attempt to estimate what effects the oil price has on inflation in Sweden. Their calculations show for instance that if the price of oil is raised by 10 per cent, prices will be 0.25 percentage points higher after 5 years than would have been the case if the oil price had remained constant. Read more
Picture of the building
Guided tour of the building At Brunkebergstorg 11, in the heart of Stockholm, lies the Riksbank building clad in black granite. The building, designed by architect Peter Celsing, was inaugurated on 8 April 1976. Read more