Repo rate decision on 2 July 2014

New repo rate

0.25%

Applies from 9 July 2014.
Picture of microphones

Press Release

Economic activity continues to strengthen in the Swedish economy. However, inflation is lower than expected and it is now assessed that underlying inflationary pressures are clearly lower than assessed in April. The Executive Board of the Riksbank considered that an even lower repo rate is required for inflation to rise towards the target of 2 per cent. The repo rate is now being cut by 0.5 percentage points to 0.25 per cent, at the same time as the repo-rate path is revised downward substantially.

Read the press release

Web tv

Here you will soon find the press conference in video format.

Minutes of the Executive Board's monetary policy meeting