Monetary Policy Report, February 2019

Economic developments in Sweden and abroad have entered a phase of lower growth. Although growth is more subdued, economic activity is still strong. The conditions for inflation to remain close to 2 per cent in the coming years have not changed to any great extent. The Executive Board has therefore decided to hold the repo rate unchanged at −0.25 per cent. As in December, the forecast for the repo rate indicates that the next increase will be during the second half of 2019, provided that the economic outlook and inflation prospects are as expected.