Riksbank sees need for expansionary policy, despite rising inflation

Sveriges Riksbank
Sveriges Riksbank. Image: David Lundberg
David Lundberg

Sveriges Riksbank's latest monetary policy report emphasises the risks to the outlook despite inflation that is close to target and expected to overshoot.

Despite a global recovery, political uncertainty calls for a need to keep policy expansionary, the Swedish central bank said today (February 15). Its executive board voted to hold the policy rate at –0.5%, continue asset purchases until mid-2017 and extend the mandate allowing swift intervention in the foreign exchange market.

The report

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