NEWSEconomic Commentary: Numeracy, Financial Literacy and Household Finance
26/04/2011 Many Swedes struggle with basic calculations and lack an understanding of elementary financial concepts, which may affect their financial behaviour. Hence, the communication of economic policy needs to take into account that a significant fraction of households may be very poorly equipped to process numerical information and key economic concepts. This is the opinion of the authors of an economic commentary which discusses some of the results of a consumer survey commissioned 2010 by the Swedish Financial Supervisory Authority. Read moreQuestions and answers on the repo rate decision 19 April 2011
20/04/2011 Here we have a list of questions and answers on the repo-rate decision that was published on 20 April 2011. Read moreRepo rate raised by 0.25 percentage points to 1.75 per cent
20/04/2011 The Swedish economy remains strong. Underlying inflation is currently low, but is expected to increase as economic activity strengthens. At the same time, CPI inflation is now high as a result of rising mortgage rates. To stabilise inflation close to the target of 2 per cent and to avoid resource utilisation being too high, the repo rate needs to increase towards more normal levels. Read moreFinancial Market Statistics March 2011. Press release on Statistics Sweden’s website29/04/2011Tomas Lundberg new Chief Press Officer14/04/2011Sweden’s new banknotes and coins06/04/2011Assessment of Securities Settlement in Sweden 201004/04/2011Ekholm: The interest rate, the exchange rate and inflation04/04/2011News archive CALENDAR3/5/20119.30 a.m. Minutes of the Monetary Policy Meeting to be published. 9.30 a.m. Lars Nyberg will hold the speech ”Will cards replace cash?” at Affärsvärlden, which is arranging the Cards & Cash Payments Forum – a meeting point intended to shed light on challenges and opportunities in the field of payments with cards and cash. The speech will be published on the website. 4/5/2011Stefan Ingves will visit Sveriges Riksdags Veteranförening (the association of former members of the Swedish parliament). The subject of the day’s discussion will be the effects of the economic crisis on Sweden and the world. Lars Nyberg will visit SEB in Copenhagen. Karolina Ekholm will visit the West Sweden Chamber of Commerce and Industry in Göteborg to explain the monetary policy decision.See Calendar for more informationKEY FIGURESREPO RATE PATHCurrent forecast for the repo rate, inflation and GDPTHE REPO RATE1.75%Applies form 27 April 2011. Next monetary policy meeting will be on 4 July 2011.Table, repo ratePress ReleaseINFLATION IN MARCH 20112.9%Next publishing will be on 12 May 2011Read more about the current inflation rateLink to Statistics Sweden, SCBTHE RIKSBANK'S INFLATION TARGET2.0%The target has applied since 1995Read more about the inflation targetMONETARY POLICY REPORT AND UPDATEThe next Monetary Policy Rerport will be published on 5 July.Monetary Policy Report and UpdateQUICKLINKSFAQInvalid banknotesRSSIMF SDDSAsset management at the RiksbankYouTube channelReference rateTHE RIKSBANKSveriges 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.Chat with Stefan Ingves 20 april 2010 Governor Stefan Ingves chatted in Swedish on the Riksbank's website. Follow the link for a translation into English of the questions and replies. Read moreNew banknotes and coins Sweden is to have new banknotes and coins. The General Council of Sveriges Riksbank has decided on the themes and motifs for the new banknotes and coins. They also decided on the size and colours of the new notes. Read moreHow the Riksbank works with financial stabilityHow does the Riksbank work to prevent and manage financial crises? You can read about this in a new brochure, “The Riksbank and financial stability”, which describes the role and tasks of the Riksbank in promoting financial stability. Read more103 37 Stockholm Brunkebergstorg 11 Phone +46 8 787 00 00 Fax +46 8 21 05 31 Email registratorn@riksbank.se Press contact +46 8 787 02 00