Monetary policy

According to the Sveriges Riksbank Act, the objective for monetary policy is "to maintain price stability". The Riksbank has interpreted this objective to mean a low, stable rate of inflation. More precisely, the Riksbank's target is to hold inflation in terms of the CPIF around 2 per cent a year.

Policy rate

0.75%
Applies from 6 July 2022

Graph and table

The inflation target

2%
Target for CPIF

The inflation target

CPIF, May 2022

7.2%
(6.4 percent in April 2022)

How is inflation measured?

Monetary Policy Report

The report describes the deliberations made by the Riksbank when deciding what would be an appropriate monetary policy to conduct.

Monetary Policy Report

The repo rate has been renamed the policy rate

The Riksbank’s repo rate has been renamed the Riksbank’s policy rate, which is a more appropriate name.

Read more about the policy rate

What is monetary policy?

What is monetary policy and how does it affect me?

View the movie "What is monetary policy?"