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Sveriges Riksbank

Three US economists scoop Nobel prize

Leonid Hurwicz, Eric Maskin and Roger Myerson are the winners of the 2007 Sveriges Riksbank Nobel Prize in Economic Sciences, the Royal Swedish Academy of Sciences said on Monday.

Cash costs more than cards in Sweden

Debit and credit card payments have a lower social cost than cash transactions for purchases of more than €8 and €18 respectively, research published by the Riksbank has found.

Riksbank's Ingves justifies openness

Stefan Ingves, the governor of the Riksbank, said on Monday that the central bank chose to adopt a transparent monetary policy framework in order to become a more democratic and efficient institution.

Riksbank to publish repo path, hikes rates

The executive board of the Riksbank will publish forecasts for the future repo rate path and a number of other important variables in connection with each monetary policy meeting. The central bank decided on Thursday to raise the repo rate by 25 basis…

Riksbank's Monetary Policy Report

Published the day Sweden's central bank raised rates, the report sets out the Riksbank's thinking behind the rise and its assessment that that the repo rate will need to be around 4% at the end of the year

Sweden raises key rate - and more to come

Sveriges Riksbank, Sweden's central bank raised its benchmark interest rate on 20 June for the eighth time in 18 months, this time lifting the repurchase rate by a quarter point to 3.5%, the highest level for over four years.

Speech by Riksbank's berg

Speaking at a meeting at Handelsbanken in Stockholm, Sveriges Riksbank deputy governor Svante berg argued that "productivity will probably show a slower increase in the future. Combined with higher wage increases, this indicates higher inflationary…

Sweden's Rosenberg on interest rates

External price pressure and expectations of improvements in productivity were the reasons why Irma Rosenberg, a first deputy governor at Sweden's Riksbank, voted for rates to stay on hold at the monetary policy meeting at the start of the month, she said…

New Riksbank Financial Stability Report

The Swedish Riksbank released its latest Financial Stability Report on 24 May. The central bank concludes that "profitability of the Swedish banks has continued to rise" and that they are in "a good position to cope with unexpected negative events."

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