Sweden
Riksbank implements first ever 100bp rate hike
Interest rates increased to 1.75%, expected to peak at 2.5% in 2023
Norges Bank, Riksbank and SNB expected to raise rates
High inflation and ECB tighter policy stance put pressure on eurozone’s neighbours
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
People: new deputy governors in China, Sweden and Argentina
Bank CEO joins PBoC, while former regulator goes to Riksbank
BoE’s planned procyclical capital hike bewilders banks
Some doubt regulator will go through with buffer hike while forecasting recession
Riksbank carries out largest rate rise since 2000
Swedish central bank says chances of wage-price spiral have increased
Legal certainty: the Achilles’ heel for CBDCs?
Many central banks lack legal certainty when it comes to issuing digital currencies. Isn’t it time to get the lawyers involved?
Swedish financial regulator to become next Riksbank governor
Erik Thedéen will replace Stefan Ingves as Riksbank’s head
Nearly 30% of central banks implementing instant payments
Over half of respondents already oversee or operate instant payments
People: Skingsley to head BIS Innovation Hub
New deputy governor in Philippines; BIS names new Asia-Pacific rep; and more
Riksbank was right to use negative rates, say former central bankers
As ECB loosened policy, Swedish central bank lacked any credible alternative, Flug and Honohan conclude
Riksbank launches 24/7 instant settlement system
Rix-Inst operates on same technology as ECB’s Tips system
People: Swiss vice-chair to take office in August
Board member appointed in Guatemala; new external MPC member in Ghana; and more
Riksbank tightens policy for first time since pandemic's onset
Swedish central bank surprised analysts by raising rates and reducing asset reinvestments
Research provides deeper look into Riksbank’s policy decisions
Swedish central bank developed a flexible, faster deliberation process when dealing with pandemic
Technology services – regulatory: Regnology
Regtech/suptech provider continues to innovate, securing major new contracts with central banks and regulators
Riksbank may need to raise interest rates earlier – Anna Breman
Deputy governor warns inflation is likely to continue to rise due to Russia’s invasion of Ukraine
ECB supervision and the state of the eurozone’s banks
ECB banking supervision has passed the first stage of the Covid-19 test, but many challenges remain
Riksbank activates wartime deployment for permanent staff
Swedish central bank aims to maintain key operations in an “increased level of preparedness”
Riksbank’s pandemic QE eased financing conditions, says research
Swedish central bank’s purchases boosted equities, depreciated krona and cut bond yields
Digital money and central banks
Monetary policy, regulatory and financial stability focus needed to stay relevant
Markus Brunnermeier on the need for CBDCs
The Princeton academic says public digital currencies face pitfalls but are still needed
Riksbank minutes confirm board division on normalisation
Three out of six board members voted to accelerate end of net asset purchases
Frequency of price changes strongly correlated to inflation, says Riksbank
The size of price increases remained stable in Sweden from 2010–18