Sweden

Sveriges Riksbank Inflation Report, No. 2, 2005

Sweden's central bank, the Sveriges Riksbank, published its Second Inflation Report for 2005 on 21 June. The bank also announced it had decided to lower the repo rate from 2 per cent to 1.50 per cent. It said over the coming years UND1X inflation is…

Riksbank's workshop on inflation targeting

The Sveriges Riksbank held a workshop titled "Inflation targeting: implementation, communication and effectiveness" between 10-12 June. Papers presented at the workshop included "Central-bank communication and the publication of interest rate projections…

Sweden's Heikensten on inflation targeting

In opening remarks to the Conference on inflation targeting: implementation, communication and effectiveness given on 11 June, Lars Heikensten of the Sveriges Riksbank said the contributions to this conference have succeeded in capturing the most…

Sweden's Heikensten on the IMF

In the speech 'The IMF - Mandate, means and governance in a changing world' given on 8 June Lars Heikensten of the Sveriges Riksbank said the IMF's overall objective is still valid and its instruments for reaching this objective - surveillance, lending…

Bergstrom on Sweden's low inflation rate

In the speech 'Is the present low inflation rate a problem?' given on 30 May Villy Bergstrom of the Sveriges Riksbank said underlying factors still indicate a rise in resource utilisation and thereby a rise in inflation.

Sweden's Bergstrom on monetary policy

In the speech given on 26 May Villy Bergstrom of the Sveriges Riksbank said that given the economic situation, employment has shown unusually weak growth and unemployment is at a relatively high level, by Swedish standards.

Riksbank's Heikensten says growth weaker

Sweden's Riksbank governor Lars Heikensten said recent indicators suggest economic activity is slightly weaker than forecast in the central bank's last inflation report in March, so it is important "that all doors are kept open" regarding monetary policy.

Sweden's Srejber on supervisory responsibility

In the speech 'The divorce between macro financial stability and micro supervisory responsibility: are we now in for a more stable life?' given on 13 May Eva Srejber of the Sveriges Riksbank said she finds it hard to see how, in the long run, the EU…

Minutes from the Sveriges Riksbank Meeting, 28 Apr

The Sveriges Riksbank published the minutes from its 28 April Executive Board meeting on 17 May. A member emphasised that growth in the world economy was still high, but said that it had become more unevenly distributed and that the performance seemed…

Sveriges Riksbank Economic Review 1st Quarter 2005

The Sveriges Riksbank has published its Economic Review for the 1st Quarter 2005. This year's first issue contains four articles: on the relationship between monetary policy and employment, on the inflation target, on the upswing in productivity growth…

Sweden leaves repo rate unchanged at 2 per cent

At its meeting on 28 April, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent. Inflation, measured in terms of UND1X, is expected to be in line with the Riksbank's target a couple of years ahead, the bank…

Sweden's Srejber on market rate developments

In a speech on 14 April, Sveriges Riksbank deputy governor Eva Srejber said that despite a gradual rise in growth since 2001 in Sweden and abroad, long-term interest rates have fallen to low levels in many OECD countries.

Rosenberg: Why is Swedish inflation so low?

In the speech 'Why is Swedish inflation so low?' given on 13 April, Irma Rosenberg of the Sveriges Riksbank said that Sweden's current low inflation rate was being driven by supply factors which are favourable to Sweden's economic performance and are…

Sweden's Bergstrom on inflation

In a speech on 5 April Sveriges Riksbank deputy governor Villy Bergstrom said the key driving forces behind the currently low inflation, i.e. the rapid productivity growth and the low imported inflation, are factors that monetary policy can do very…

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