Riksbank minutes show MPC split on rate hold


Two members of the six-person Sveriges Riksbank monetary policy committee (MPC) wanted the the Swedish repo rate immediately lowered from 1.5% to 1% on April 17, according to minutes of the latest MPC meeting released today (May 3). The dissenters were deputy governors Karolina Ekholm and Lars Svensson.

Ekholm and Svensson both cited the low growth rate (anticipated to be 0.4% for 2012) and the high unemployment forecast (7.5% for 2012) in Sweden as the reason for their decision.

Svensson said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: