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 7 January 2026
Graph and table
The inflation target
2%
Target for CPIF
The inflation target
CPIF, November 2025
2.3%
(3.1 percent in October 2025)
How is inflation measured?
News about monetary policy
- 18/12/2025 Press release Policy rate unchanged at 1.75 per cent
- 08/12/2025 News The Riksbank's calendar updated for the period June–December 2026
- 27/11/2025 News, Speeches Thedéen: Inflation targeting – an important contribution to economic stability
Current monetary policy and the policy rate
Read about the latest monetary policy decision.
Monetary policy decisionsWhat is monetary policy?
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