Sweden
Sweden's Heikensten at the Riksdag Committee
In a speech on monetary policy given to the Riksdag Committee on Finance on 14 October, Lars Heikensten of the Sveriges Riksbank said as the economic upturn progresses and resource utilisation increases further, it is reasonable to assume that monetary…
Sveriges Riksbank alters management forms
At its meeting on 13 October, the Executive Board of the Sveriges Riksbank decided to make certain changes in the way the bank is managed. Responsibility of members of the Executive Board for preparing matters from the departments will be replaced by a…
Sveriges Riksbank Inflation Report, No.3, 2004
Sweden's central bank, the Sveriges Riksbank, has published its Third Inflation Report for 2004. International growth has been slightly higher than expected, despite the rise in oil prices. At the same time, the report says, Swedish exports have shown an…
Nobel prize winner keen to continue his work
Finn Kydland, joint winner of the 2004 Nobel economics prize, was giving a guest lecture at the Norwegian School of Economics and Business Administration (NHH) in Bergen, western Norway when he was told the news he had won the prize.
Riksbank leaves repo rate unchanged at 2 per cent
At its meeting on 13 October, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent.
Nobel prize winner calls for central bank autonomy
The joint winner of the 2004 Nobel economics prize, Finn Kydland, called on governments Monday 11 October to guarantee central bank independence and praised the European Central Bank, while criticising Latin American policy makers.
Riksbank issues coins to mark Palace anniversary
The Sveriges Riksbank is issuing two commemorative coins on the occasion of the 250th anniversary of the Royal Palace in Stockholm; a 200-krona coin in silver and a 2,000-krona coin in gold.
Sweden's Persson on Basel II and SMEs
On Thursday 23 September, Sveriges Riksbank Deputy Governor Kristina Persson gave a speech titled "Banking and regional development" at a research conference in Stockholm, organised by the Goran Collert Foundation. The subjects discussed included Basel…
Sweden's Heikensten on monetary policy
In a speech on 'The economic situation and monetary policy' given on 20 Septembe,r Lars Heikensten of the Sveriges Riksbank said the bank's current inflation forecast may have to be revised upwards in the light of higher oil prices, a slightly stronger…
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 Persson: structural reform and employment
Deputy Governor of the Sveriges Riksbank Kristina Persson on Monday September 13 gave her view of economic developments at a seminar in Paris arranged by the Swedish Center for Business and Policy Studies and the Swedish Chamber of Commerce.
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…
Riksbank investigates premature rate announcement
Sweden's Riksbank said on Thursday 24 June that it was investigating the premature publication of its interest rate decision.
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…