News

Repo rate raised to 4.75 per cent

Picture of an arrow that symbolize the rise of the repo rate 04/09/2008 The Executive Board of the Riksbank has decided to raise the repo rate by 0.25 percentage points to 4.75 per cent. The repo rate is expected to remain at this level during the year. Inflation has continued to rise in Sweden and the rate increase is necessary to prevent the high inflation from becoming entrenched. A higher repo rate will mean that inflation declines and is close to the 2 per cent target within a couple of years.   Read more

The Swedish Financial Market 2008

01/09/2008 How does equity trading in Sweden function? What role do the banks play in the payment system? Which instruments of payment are used most often in Sweden? The answers to these questions can be found in this year’s issue of The Swedish Financial Market. The publication provides a broad insight into the tasks and functions of the Swedish financial markets, based on annual national statistics for the financial sector.  Read more

Special minting of the 1-krona coin in 2009

29/08/2008 All 1-krona coins issued in 2009 will have a special minting on the reverse to commemorate the 200th anniversary of Finland's separation from the Kingdom of Sweden. The motif, which was created by designer Annie Winblad Jakubowski, includes a quotation from the poet Johan Ludwig Runeberg.   Read more

CALENDAR
17/09/2008 09:30

The minutes of the Executive Board's monetary policy meeting from 3 September will be published

19/09/2008 08:30

Deputy Governor Barbro Wickman-Parak will give the speech "Some reflections on the current situation".

25/09/2008 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

INFLATION IN AUGUST 2008
4.3%
Next CPI will be published on Thursday 9th October at 09.30 a.m.

Read more about the current inflation rate

Link to Statistics Sweden, SCB

THE REPO RATE
4.75%
Applies from Wednesday, 10 September 2008. Next monetary policy meeting will be 22 October 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.

Photo: fotoakuten.se
How do house prices affect the economy? Changes in the housing market have only a small effect on inflation and GDP. However, the effects on monetary policy are reinforced by the fact that houses are used as collateral for mortgages. These are some of the conclusions reached by Peter Sellin and Karl Walentin in the Economic Commentary ”House prices and the economy”. 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