Sweden

Sweden's Rosenberg on monetary policy house prices

In a speech on 'Monetary policy, house prices and household indebtedness' given on 20 September, Irma Rosenberg of the Sveriges Riksbank said despite stock market fluctuations and a periodically weak economic climate, both household indebtedness and…

Srejber on new EU countries- opportunities & risks

In the speech 'New EU countries - opportunities and risks' given on 20 September Eva Srejber of the Sveriges Riksbank said for some of the other new member states a hurried transition to the euro could give rise to problems. The Baltic States are very…

Sweden's Nyberg on universal banking

In a speech on 'How do conflicts of interest in universal banking emerge and what are the arguments for a separation of commercial and investment banking?' given on 26 August, Lars Nyberg of the Sveriges Riksbank said he believed that the supervisory…

Minutes from the Sveriges Riksbank Meeting, 19 Aug

Minutes of the Sveriges Riksbank Executive Board meeting on 19 August were published 2 September. One member observed that economic activity in Sweden had strengthened slightly more than expected during the first six months of the year, and that the…

Sweden leaves rate unchanged

The Swedish central bank left the repo rate unchanged at two percent at its meeting on Thursday 19 August. The decision to keep the interest rate at the record low for the fifth consecutive month came despite recent reports of higher than anticipated GDP…

Sweden's Heikensten on inflation

In a speech on economic developments and inflation prospects, given on August 16, Sweden's central bank governor Lars Heikensten said that the Riksbank's assessment of inflation and economic activity had not significantly altered since its last inflation…

Sveriges Riksbank Economic Review 2nd Quarter 2004

The Sveriges Riksbank published its Economic Review for the 2nd Quarter 2004 on 12 July. The Review contains articles on subjects related to central banking. The English version of the second issue contains three articles: Can we be best again?, How does…

Minutes from the Sveriges Riksbank Meeting, 23 Jun

Minutes of the Sveriges Riksbank Executive Board meeting on 23 June were published 8 July. One member summed up the discussion of the international economic situation, saying developments had largely confirmed the assessment in the previous Inflation…

Sweden's Srejber: asset prices in monetary policy

In a speech on 'What role do asset prices and credit play in monetary policy' given on 30 June, Eva Srejber of the Sveriges Riksbank said the economic costs in the shape of sharp fluctuations in demand are likely on average to be higher if the central…

Sweden holds interest rates unchanged

At its meeting on Wednesday, 23 June, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent. The Riksbank said that the recovery in Sweden and abroad is progressing largely as anticipated.

Minutes from the Sveriges Riksbank Meeting, 27 May

Minutes of the Sveriges Riksbank Executive Board meeting on 27 May were published 11 June. All the members expressed greater certainty over the recovery both in Sweden and abroad and said that there were factors, such as the rise in long-term interest…

Sveriges Riksbank - Annual Report 2003

The Sveriges Riksbank has published its Annual Report for the year ended 2003. Stability in the financial system continued to be good, the report said. The year also saw Lars Heikensten take office as the new governor and the no vote in the euro…

Bergstrom on risks for the Swedish economy

In a speech on 'Risk of "golden parenthesis" for the Swedish economy' given on 3 June, Villy Bergstrom of the Sveriges Riksbank said if the foundations are not laid for boosting employment and long-term capital formation the currently favourable period…

Sveriges Riksbank, Financial Stability Report

Sweden's central bank, the Sveriges Riksbank, published its first Financial Stability Report for 2004 on 2 June. Although household debt is increasing at a rapid rate, it is not considered to entail any serious risks for Swedish banks, according to the…

Sveriges Riksbank Inflation Report, No.2, 2004

Sweden's central bank, the Sveriges Riksbank, has published its Second Inflation Report for 2004. On the whole, the recovery in the Swedish economy has progressed largely as anticipated in the previous Inflation Report. New data suggest that net exports…

Riksbank appoints new department heads

At its meeting on 19 May the Executive Board of the Sveriges Riksbank appointed Kai Barvell as new head of the Market Operations Department and Mats Galvenius as head of the new general secretariat.

Sveriges Riksbank launches new website

The website of the Sveriges Riksbank has been changed radically in terms of content, function and graphic design and is based on the results of a user survey. The website has been developed with usability and accessibility in mind, according to the…

Sweden's Heikensten on economic activity

Riksbank Governor Lars Heikensten spoke about economic developments on Monday 17 May at a seminar in Tanum. He said recent developments in economic activity and price pressures have been considerably less dramatic than what the situation in the financial…

Nyberg: Economic situation & the property market

Deputy Governor of the Sveriges Riksbank Lars Nyberg spoke Wednesday 12 May about the economic situation and the property market. He said price developments in the housing market are being talked about as a possible bubble and pose a risk of overheating.

Minutes from the Sveriges Riksbank Meeting, 28 Apr

Minutes of the Sveriges Riksbank Executive Board meeting on 28 April, published 12 May. One member summed up the discussion saying that as Swedish GDP growth would probably be somewhat more robust than forecast in the Inflation Report, inflation could…

Bergstrom on monetary policy & economic stability

In the speech 'Monetary policy and economic stability' given on 12 May Villy Bergstrom of the Sveriges Riksbank said there are dangers associated with the large interest rate cut enacted at the start of April because of the already robust international…

Persson: China increasingly important for Sweden

Sveriges Riksbank Deputy Governor Kristina Persson gave a speech Tuesday at the Umea Association for Foreign Affairs. The speech was entitled "What can China's economic development entail for Sweden?" Persson said "the increase in growth in China means…

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