Did you know that
Inflation targeting regime
Sweden was in January 1993 the fourth country to introduce a formal inflation targeting regime. New Zealand was the first country, followed by Canada and the U.K.
The repo rate
Since June 1994 the repo rate has been the Riksbank's key interest rate.
The objective of monetary policy
According to the Sveriges Riksbank Act, the objective of monetary policy is to “maintain price stability”. The Riksbank has interpreted this objective to mean a low, stable rate of inflation.
More precisely, the Riksbank's objective is to keep inflation around 2 per cent per year, as measured by the annual change in the consumer price index (CPI). In order to keep inflation around 2 per cent the Riksbank adjusts its key interest rate, the repo rate.
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News
Documents and Reports on Monetary Policy
Monetary Policy Report and Update
The Riksbank’s Monetary Policy Report (formerly the Inflation Report) is published three times a year. The report describes the deliberations made by the Riksbank when deciding what would be an appropriate monetary policy to conduct.
On the three other occasions a press release and a monetary policy update are published; the latter containing a limited number of forecasts for central macroeconomic variables.
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Monetary policy in Sweden
The document "Monetary policy in Sweden" describes the Riksbank's monetary policy aims and strategy.
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