Search Results for: Riksbank
Riksbank keeps low repo rate for longer
October 28th, 2016
Low repo rate for longer, Executive Board ready to extend government bond purchases in December The upturn in the Swedish economy is continuing, but the Riksbank assesses that it will take longer before inflation attains the target of 2 ...
Sweden’s Riksbank Deputy Governor: Too few homes are being built in Sweden
June 8th, 2016
“A better balance between supply and demand is needed on the Swedish property market.” These are the words of First Deputy Governor Kerstin af Jochnick, speaking on Thursday at property magazine Fastighetsvärlden’s seminar, Fastighetsdagen, in Stockholm. Af Jochnick points ...
RiksBank:Repo rate cut to –0.50 per cent
February 11th, 2016
The economy continues to strengthen but inflation is expected to be lower during 2016 than previously forecast. The period of low inflation will therefore be longer. This increases the risk of weakening confidence in the inflation target and of ...
Riksbank purchases government bonds for a further SEK 40-50 billion
April 29th, 2015
Riksbank purchases government bonds for a further SEK 40-50 billion, lowers the repo-rate path significantly and holds the repo rate at −0.25 per cent The expansionary monetary policy is having a positive impact on the Swedish economy and inflation ...
Riksbank cuts repo rate to −0.25 per cent and buys government bonds for SEK 30 billion
March 18th, 2015
There are signs that inflation has bottomed out and is beginning to rise, but the recent appreciation of the krona risks breaking this trend. The Executive Board of the Riksbank has decided to make monetary policy even more expansionary ...
Riksbank cuts repo rate to −0.10 per cent, buys government bonds for SEK 10 billion and is prepared to do more at short notice
February 13th, 2015
There are signs that underlying inflation has bottomed out, but the situation abroad is now more uncertain and this increases the risk that inflation will not rise sufficiently fast. The Executive Board of the Riksbank has therefore decided to ...
Sweden’s central bank prepares for cashless future with e-krona
October 30th, 2018
Sweden’s central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona. The Riksbank started a project in the spring of 2017 to examine the scope for the ...
Aussie dollar tumbled, Kiwi extended a slide, Gold fell 0.3 percent, Japan’s Topix index rose
October 25th, 2017
Gains in Asian equities stalled at recent highs, while optimism in the world economy and encouraging earnings reports buoyed the dollar and bond yields. The Australian dollar sunk to its lowest since July after inflation data damped the outlook ...
Sweden could soon be the first country in the world to have its own digital currency
November 21st, 2016
Sweden’s central bank is looking into launching its own digital currency, it has revealed. If the e-krona is indeed launched, it would make the Riksbank the first major central bank in the world to have a digital currency. “The ...
Even Small, Well-Run Countries Can’t Escape The Currency War
November 13th, 2015
The old saying “When elephants fight, the grass gets trampled” captures perfectly the dilemma of the world’s non-superpowers. From Brazil to Thailand to non-eurozone Europe, the currency war raging between the leading economies is creating collateral damage. ...
