Repo rate decision on 19 December 2017

New repo rate

-0.50

Applies from 3 January 2018
Picture of microphones

Press Release

The strong economic activity has contributed to inflation being close to 2 per cent for a period of time. Monetary policy needs to remain expansionary for inflation to continue to be close to the target. The Executive Board of the Riksbank has therefore decided to hold the repo rate unchanged at −0.50 per cent and is expecting, as before, to begin slowly raising the repo rate in the middle of 2018. The Executive Board has also decided to begin reinvesting in January 2018 the bonds that mature in 2019.

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Minutes of the Executive Board's monetary policy meeting