Riksbank unanimous on rate hike - minutes

The minutes from the Swedish Riksbank's 25 October monetary meeting published Wednesday 15 November show the board was unanimous in its decision to increase the repo rate 0.25 percentage points to 2.75 pct.

The Riksbank said over the coming years, inflation is expected to continue to rise as a result of costs increasing when economic activity improves.

One member noted that there was reason to be observant of the substantial monetary expansion in Sweden. The money supply, measured as M3, had in