Repo rate decision on 14 February 2017

New repo rate

-0.50%

Applies from 22 February 2017
Picture of microphones

Press Release

Economic activity is strengthening, but there is considerable political uncertainty abroad and the risks of setbacks have increased. For inflation to stabilise around 2 per cent, a continued strong level of economic activity and a krona that does not appreciate too rapidly are required. Monetary policy therefore still needs to remain expansionary. The Executive Board of the Riksbank has decided to hold the repo rate at −0.50 per cent and there is still a greater probability that the rate will be cut than that it will be raised in the near term. The purchases of government bonds will continue for the first six months of 2017, as was decided in December. The Executive Board has also taken a decision to extend the mandate that facilitates a quick intervention on the foreign exchange market.

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