Riksbank leaves rates unchanged as inflation remains contained

Photo by David Lundberg
Sveriges Riksbank

Sveriges Riksbank kept the policy rate unchanged today (February 14) as GDP growth and increases in wages proved somewhat slower than expected and inflation forecasts declined.

The executive board of the Swedish central bank believes the economy still demands an expansionary monetary policy in order for inflation to remain close to the target of 2% annual growth in the consumer price index at fixed interest rates (CPIF). As a result, it left the repo rate unchanged at –0.5%.

However, delaying

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