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The significance of international developments for monetary policy, article in Monetary Policy Report, April 2017

    MONETARY POLICY REPORT APRIL 2017  15      Economic recovery fraught with political risks   The global economy is in a recovery phase. In 2016, global  GDP grew by 3.1 per cent and growth this year is expected to  be 3.4 per cent. After 

How are household cashflows and consumption affected by rising interest rates, article in Monetary Policy Report, December 2018

12  MONETARY POLICY REPORT DECEMBER 2018  Households more sensitive to interest rate adjustments  According to classic economic theory, the real interest rate  mainly affects household consumption by influencing the  trade‐off between current and 

Reduced housing construction is subduing GDP growth, article in Monetary Policy Report, February 2018

30  MONETARY POLICY REPORT FEBRUARY 2018    Rapidly growing housing investment is an important factor  in the economic upswing  The number of housing starts has increased sharply in recent  years and in 2017, construction on just under 65,000 

The Phillips curve and monetary policy, article in Monetary Policy Report, July 2018

    MONETARY POLICY REPORT JULY 2018  13      In many countries, wage growth and inflation have been  relatively subdued in recent years, despite unemployment  having declined and resource utilisation having increased.  This has led to a 

Why measures of core inflation, article in Monetary Policy Report, October 2018

12  MONETARY POLICY REPORT OCTOBER 2018    Monetary policy is based on forecasts  Monetary policy normally focuses on bringing inflation close  to the target of 2 per cent a couple of years ahead. This is  why monetary policy is based on 

Development of Swedish labour costs in an international perspective, article in Monetary Policy Report, February 2019

MONETARY POLICY REPORT FEBRUARY 2019  31  Swedish wages are affected by economic developments  in Sweden and abroad    Activity in the Swedish economy is currently good, the  employment rate has risen to a historically high level and an  unusually

The Riksbank's operational framework needs to be adjusted to new conditions, article in Monetary Policy Report, July 2019

How the Riksbank's measures have worked during the corona crisis, article in Monetary Policy Report September 2020

MONETARY POLICY REPORT SEPTEMBER 2020 13 Turbulence on the financial markets at the start of the crisis When the corona crisis broke out in earnest in the spring, strong turbulence arose on the financial markets in the form of major stock

Staff memo: How are household cashflows and consumption affected by higher interest rates?

Staff memo How are household cashflows and consumption affected by higher interest rates? Peter Gustafsson Marie Hesselman Björn Lagerwall Monetary Policy Department December 2017 A staff memo

Staff memo: Labour supply has increased surprisingly rapidly

          Staff memo   Labour supply has increased surprisingly rapidly  Caroline Flodberg  Mårten Löf  Monetary Policy Department    December 2017                    LABOUR SUPPLY HAS INCREASED SURPRISINGLY RAPIDLY  1          A