News

Repo rate raised by 0.25 percentage points to 0.75 per cent

02/09/2010 The Swedish economy is continuing to show strong growth. Inflationary pressures are currently low, but are expected to increase as economic activity strengthens. The repo rate needs to be raised gradually towards more normal levels to attain the inflation target of 2 per cent and create the right conditions for stable growth in the real economy. The Executive Board of the Riksbank has therefore decided to raise the repo rate by 0.25 percentage points to 0.75 per cent. The forecast for the repo rate is the same as in July.   Read more

The Riksbank's survey of the turnover in the foreign exchange and fixed-income markets in Sweden

01/09/2010 Turnover in the foreign exchange market in Sweden has stabilised at all-time high levels over the past three years. At the same time, the derivatives market has continued to show robust growth. This was observed in the survey of turnover in the Swedish foreign exchange and derivatives markets made by the Riksbank in April this year at the initiative of the BIS.   Read more

The Swedish Financial Market 2010

Picture of The Swedish Financial Market 27/08/2010 Who owns shares in the Swedish stock market? How extensive are the Swedish banks' overseas operations? How do financial transactions work and which systems process them? 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

CALENDAR

01/09/2010

09.00 a.m. Executive Board monetary policy meeting, No 4.

 

02/09/2010
09.30 a.m. The Executive Board’s interest rate decision is published, together with the September Monetary Policy Update report.

 

11 a.m. Press conference. Governor Stefan Ingves and Per Jansson, Head of the Monetary Policy Department, will participate.

 
1.30 p.m.Governor Stefan Ingves will chat on the Riksbank's website.

 

4 p.m The Riksbank will hold an analysts meeting, attendance by invitation only. The analysts meeting will be broadcast live on the Riksbank’s website.
 
First Deputy Governor Svante Öberg will visit Danske Bank in Stockholm to talk about the latest repo rate decision.


See entire calendar
Key figures
THE REPO RATE
0.75%
Applies from 8 September 2010. Next monetary policy meeting will be on 25 October 2010.

Table, repo rate

Press Release

INFLATION IN JULY 2010
1.1%
The next publication will be on 9 September 2010

Read more about the current inflation rate

Link to Statistics Sweden, SCB

THE RIKSBANK'S INFLATION TARGET
2.0%
The target has applied since 1995

Read more about the inflation target

MONETARY POLICY REPORT
The next Monetary Policy Report will be published on 1 July 2010.

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 of Governor Stefan Ingves
Chat with Stefan Ingves 2 September 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 more
How does the Riksbank control interest rates? It is the Executive Board of the Riksbank that decides the level of the repo rate. But, how does the Riksbank control the interest rate in practice? Read more