News

Svensson: Monetary policy with a zero interest rate

Picture of Deputy Governor Lars E O Svensson 17/02/2009 "Although it is not particularly likely that we in Sweden will be subjected to a strongly binding zero lower bound for the interest rate, it is wise to be prepared for this eventuality and to have carefully considered the monetary policy alternatives that would then be available, and which of these would be appropriate, depending on how serious the zero lower bound was." said Deputy Governor Lars E O Svenssons says in a speech today at SNS - Centre for Business and Policy Studies in Stockholm.   Read more

The Riksbank to offer USD loans on
18 February

16/02/2009 The Riksbank is to offer additional USD loans. Loans totalling USD 10 billion will be provided in an auction held on 18 February for the Riksbank's primary monetary policy counterparties. The loans, which will be provided against collateral, have a time to maturity of 84 days and the payment date is 20 February, which means that the loans will fall due on 15 May 2009.   Read more

Riksbank publishes Material for assessing monetary policy

16/02/2009 Today the report "Material for assessing monetary policy 2006-2008". The report contains a compilation and analysis of the monetary policy conducted by the Riksbank, which the Riksdag Committee on Finance assesses every year.    Read more

Questions and answers about the repo rate decision on 11 February

11/02/2009 The Riksbank has compiled a number of questions and answers to explain the repo rate cut to 1 per cent.   Read more

Repo rate cut to 1 per cent

11/02/2009 The Executive Board of the Riksbank has decided to cut the repo rate by 1 percentage point to 1 per cent. The repo rate may need to be cut slightly further during 2009. This large reduction in the interest rate and the interest rate path is necessary to dampen the fall in production and employment and to attain the inflation target of 2 per cent.  Read more

Long SEK loans at variable interest rate

13/02/2009 The Riksbank is continuing to offer loans in Swedish krona at longer maturities. These loans will be made at a variable interest rate. Loans against normal collateral will be granted with maturities of 3 and 6 months. Loans with commercial paper as collateral will be offered at maturities of 3, 6 and 12 months. It is important that the Riksbank continues to supply loans to facilitate the banks’ funding and the functioning of the markets. Longer loans at a variable interest rate will make it easier for the banks to give credit to Swedish companies.   Read more
Riksbank to build new cash management office
13/02/2009
Today’s auction of credit in US dollars with a maturity of 84 days has now been completed
11/02/2009
New technology platform for the RIX payment system is now in operation
09/02/2009
Changed regulations for the redemption of notes and coins from and including 1 March 2009
05/02/2009
Economic commentaries: Understanding Productivity Growth
04/02/2009
News archive 
CALENDAR
25/02/2009 09:30

The minutes of the executive Board's monetary policy meeting from 10 February will be published

12/03/2009 13:00

Executive Board meeting

20/03/2009 13:00

General Council meeting

02/04/2009 13:00

Executive Board meeting

20/04/2009 09:00

Executive Board monetary policy meeting, No 2


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 DECEMBER 2008
0.9%
Next publishing will be on Thursday 19th February at 09.30 a.m.

Read more about the current inflation rate

Link to Statistics Sweden, SCB

THE REPO RATE
1.0%
Applies from Wednesday, 18 February 2008. Next monetary policy meeting will be on 20 April 2009.

Minutes of the Executive Board´s monetary policy meeting

Table, repo rate

Press Release

MONETARY POLICY REPORT
The next Monetary Policy Report will be published on 2 July 2009

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.

The Riksbank's company interviews Companies predict weaker economic climate. This is revealed in the Riksbank's interview survey. Read more
Financial trubulence The Riksbnk's response
Financial turbulence - the Riksbank's response The Riksbank has taken a number of actions as a result of the current financial turbulence. This page contains links to the information that we have published in connection with this. Read more
Picture symbolize questions and answers
Questions and answers on the financial turmoil - updated on 17 December The Riksbank has compiled a number of questions and answers to explain our role in dealing with the prevailing financial turmoil. The page is updated with questions and answers regularly. Read more