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Sveriges Riksbank

SEK ยท Official Website

Latest Statement

โš–๏ธ Neutral
2024
2024-01-01

The Riksbank emphasizes its commitment to maintaining low and stable inflation while ensuring the stability and efficiency of Sweden's financial system. The bank also highlights its role in facilitating payment systems and issuing currency.

Economic Indicators

Policy Rate1.75%
USD/SEK9.4993
GDP Growth2.1%
M2 Growth9.1%
10Y Yield2.64%
2y10y Spread+0.49%
HISTORICAL TRENDS
Policy Rate
4.001.75
FX Rate
9.529.11
CPI
8.550.50
GDP
5.23-1.93
10Y Yield
3.021.93
2Y-10Y Spread
0.64-0.24
Stance
1000.00

Recent Statements

Monetary Policy Report, November 2023 ๐Ÿฆ… Hawkish
2023-11-23
โšก Rate
โ†‘0 โ†“0 โ†’1
๐Ÿ”ฎ Guidance
โ†‘1 โ†“0
๐Ÿ“ Classified Sentences
๐Ÿ”ฎ Guidance Hawkishmp_interest_rate
"The Executive Board assesses that monetary policy needs to remain contractionary and is prepared to raise the policy rate further if inflation prospects deteriorate."
โšก Rate Holdmp_interest_rate
"The Executive Board has decided to hold the policy rate unchanged at 4 percent."
Monetary Policy Report, September 2023 ๐Ÿฆ… Hawkish
2023-09-21
โšก Rate
โ†‘2 โ†“0 โ†’0
๐Ÿ”ฎ Guidance
โ†‘3 โ†“0
๐Ÿ“ Classified Sentences
โšก Rate Hikemp_interest_rate
"The Executive Board has therefore decided to raise the policy rate by 0.25 percentage points to 4 percent."
โšก Rate Hikemp_interest_rate
"The Executive Board has therefore decided to raise the policy rate by 0.25 percentage points, to 4 percent."
๐Ÿ”ฎ Guidance Hawkishmp_interest_rate
"The forecast for the policy rate indicates that it could be raised further."
๐Ÿ”ฎ Guidance Hawkishmp_inflation
"To ensure that inflation continues to fall and stabilise around the target within a reasonable period of time, monetary policy needs to continue to be tightened somewhat."
๐Ÿ”ฎ Guidance Hawkishmp_inflation
"As before, the assessment is that monetary policy needs to be contractionary for a longer period of time for inflation to fall back and stabilise close to the target of 2 percent."
Monetary Policy Report, June 2023 ๐Ÿฆ… Hawkish
2023-06-29
โšก Rate
โ†‘1 โ†“0 โ†’0
๐Ÿ”ฎ Guidance
โ†‘3 โ†“0
๐Ÿ’ง QE/QT
โ†‘0 โ†“1
๐Ÿ“ Classified Sentences
โšก Rate Hikemp_interest_rate
"The Executive Board has therefore decided to raise the policy rate by 0.25 percentage points to 3.75 per cent."
๐Ÿ”ฎ Guidance Hawkishmp_inflation
"To ensure that inflation continues downwards and stabilises around the target within a reasonable period of time, monetary policy needs to be tightened further."
๐Ÿ”ฎ Guidance Hawkishmp_interest_rate
"The forecast is for the policy rate to be increased at least one more time this year."
๐Ÿ”ฎ Guidance Hawkishmp_inflation
"Demand in the Swedish economy needs to dampen to enable inflation to fall back towards the target within a reasonable period of time."
๐Ÿ’ง Liquidity Easemp_interest_rate
"The Executive Board has also decided to increase the pace of government bond sales from SEK 3.5 billion to 5 billion per month with effect from September this year."
Monetary Policy Report, April 2023 ๐Ÿฆ… Hawkish
2023-04-26
โšก Rate
โ†‘2 โ†“0 โ†’0
๐Ÿ“ Classified Sentences
โšก Rate Hikemp_interest_rate
"The Executive Board has decided to raise the Riksbank's policy rate by 0.5 percentage points to 3.5 per cent."
โšก Rate Hikemp_interest_rate
"For inflation to fall and stabilise around the target within a reasonable period of time, the Executive Board has decided to raise the policy rate by 0.5 percentage points to 3.5 per cent."
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