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.

 

The inflation target

The repo rate

-0.25%
Date:

Applies from 25 March 2015.

Read all about the repo rate decision

Inflation at present

0.2%
Date:

The consumer price index - the CPI is measured and published every month by Statistics Sweden (SCB).

 

Current inflation rate

Stefan Ingves on negative repo rate

Governor Stefan Ingves. Photo: Petter Karlberg

Governor Stefan Ingves explains here what the decision to cut the repo rate to -0.25 per cent means for households and banks in practice.

Read the article

Monetary policy meetings

The monetary policy meetings, at which the repo rate is set, are held six times per year. In 2015, the meetings will be held on:

11 February, 28 April, 1 July, 2 September, 27 October and 14 December.

 

The decision is always published on the day following the meeting.

Calender