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.
The current policy rate
1.75%
Applies from 1 October 2025
Graph and table
The inflation target
2%
Target for CPIF
The inflation target
CPIF, September 2025
3.1%
(3.2 percent in August 2025)
How is inflation measured?
News about monetary policy
- 14/10/2025 News, Speeches Aino Bunge: Monetary policy must be forward-looking
- 10/10/2025 News, Conference Conference on the interaction between monetary and fiscal policy
- 09/10/2025 News The Riksbank supports the updated global code of conduct for the foreign exchange market
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?
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