Monetary policy
The objective of monetary policy is to maintain a low and stable rate of inflation. More precisely target is to hold CPIF inflation at around 2 per cent a year. Without neglecting the inflation target, the Riksbank shall moreover contribute to a balanced development of output and employment. Monetary policy is the measures the Riksbank takes to achieve this.
Policy rate
1.75%
Applies from 4 February 2026
Graph and table
The inflation target
2%
Target for CPIF
The inflation target
CPIF, February 2026
1.7%
(2.0 percent in January 2026)
How is inflation measured?
News about monetary policy
- 11/03/2026 Press release The Riksbank’s Business Survey: “It's not an obvious recovery, but we see it happening anyway”
- 05/03/2026 News Account of Monetary Policy in 2025
- 04/03/2026 News, Consultation responses Consultation response to the “Evaluation of Sweden’s monetary policy 2015–2024”
Current monetary policy and the policy rate
Read about the latest monetary policy decision.
Monetary policy decisionsWhat is monetary policy?
What is monetary policy and how does it affect me?
View the movie "What is monetary policy?"