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.

A favourable cost situation means that the assessment is for a moderate rise in inflation. The assessment of inflation remains essentially unchanged from the May Inflation Report, and inflation is expected to be in line with the Riksbank's target two years from n