The decision in brief

The policy rate cut is by 0.25 percentage points to 3.75 per cent. If the outlook for inflation stays the same, the policy rate can be cut two more times during the second half of the year.

Inflation is now close to the target and is expected to remain so even in the slightly longer term. However, the outlook for inflation is uncertain.

Swedish GDP growth has been weak but is expected to rise gradually. The labour market will continue to weaken for some time to come.

Policy rate


Applies from 15 May 2024

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