Riksbank moves towards normalisation; interest rate on hold

Photo: Sveriges Riksbank

Sweden’s central bank has said it will end its programme of new bond purchases at the end of the year, but will continue to invest redemptions and coupon payments “until further notice”.

The decision comes as part of Sveriges Riksbank’s latest monetary policy decision, in which the executive board today (December 20) decided to keep the interest rates unchanged at –0.5%.

“Economic activity needs to remain strong for inflation to continue to be close to the target. It is also important that the

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