Sweden
Rosenberg on the Riksbank and monetary policy
In the speech 'The Riksbank and monetary policy' given on 29 September Irma Rosenberg of the Sveriges Riksbank said partly on account of the more expansionary economic policy, demand can be expected to be somewhat more robust in the coming two years than…
Rosenberg favourite to head Riksbank
Sweden's Riksbank deputy governor Irma Rosenberg is favourite to succeed Lars Heikensten and become the first woman to lead the world's oldest central bank, a survey by Bloomberg found.
Sweden's Nyberg on financing of deposit insurance
In the speech 'Financing of deposit insurance - a central banker's perspective' given on 15 September Lars Nyberg of the Sveriges Riksbank said to the extent that central banks are concerned with financial stability, there is an important reason for the…
Statement by Lars Heikensten on his resignation
Following his decision to resign after being nominated by the Swedish Government as the Swedish member of the European Court of Auditors, Sveriges Riksbank governor Lars Heikensten made the following statement on Thursday 29 September.
Riksbank's General Council on Heikensten decision
The General Council will now together begin the work to find a successor for the position as Riksbank Governor, Chairman of the Riksbank's General Council Jan Bergqvist and Vice Chairman Johan Gernandt said in a joint statement Thursday.
Swedish central bank governor resigns
Sveriges Riksbank governor Lars Heikensten announced Thursday 29 September he will resign after he was nominated by the government to serve on the European Court of Auditors.
Riksbank reallocates gold and for ex reserves
Sweden's Riksbank said it intends to sell up to 10 tonnes of the gold reserve in the period from 27 September 2005 to 26 September 2006.
Place your bets! Will Fazio stay or go?
A Swedish online gambling website is offering odds on whether embattled Bank of Italy governor Antonio Fazio will stay in office beyond the start of October.
Minutes from the Sveriges Riksbank Meeting, 23 Aug
The Sveriges Riksbank published the minutes from its 23 August Executive Board meeting on 12 September. One member considered that with regard to growth prospects for the Swedish economy, on the whole there was reason to make a slight upward revision to…
Sweden's Nyberg on household debt
In a speech given on 25 August Lars Nyberg of the Sveriges Riksbank said developments since the spring indicate that households are continuing to increase their debts at a rapid rate.
Sweden leaves interest rate unchanged
The Swedish Riksbank kept the repo rate unchanged at 1.5% at its meeting on 23 August. CPI inflation remains low at 0.3% in the year to July, but it is expected to return to the target level of 2% over the next two years.
German finance minister calls for ECB rate cut
German Finance Minister Wolfgang Clement called on the European Central Bank to cut interest rates, saying it was "remarkably" more reserved than other central banks.
Sweden's central bank signs for RTGS system
Sweden's central bank Sveriges Riksbank has contracted with Italian IT provider Societa Interbancaria per l'Automazione (SIA) for the delivery and implementation of a real time gross settlement (RTGS) system.
Minutes from the Sveriges Riksbank Meeting, 20 Jun
The Sveriges Riksbank published the minutes from its 20 June Executive Board meeting on 5 July. In Sweden economic activity has slowed, the minutes said. In the first quarter GDP growth was much lower than estimated by the Riksbank and other forecasters.
Sveriges Riksbank Economic Review 2nd Quarter 2005
The Sveriges Riksbank has published its Economic Review for the 2nd Quarter 2005. This year's second issue contains four articles: Thoughts on how to develop the Riksbank's monetary policy work; Basel II - the new framework for bank capital; Monetary…
Sweden to discontinue old notes and coins
The Sveriges Riksbank said on Wednesday 29 June that a number of old banknotes and coins to the value of almost SEK 5 billion will cease to be legal tender from 1 January 2006.
Sveriges Riksbank Inflation Report, No. 2, 2005
Sweden's central bank, the Sveriges Riksbank, published its Second Inflation Report for 2005 on 21 June. The bank also announced it had decided to lower the repo rate from 2 per cent to 1.50 per cent. It said over the coming years UND1X inflation is…
Sweden's Rosenberg on growth and inflation
In the speech 'Surprisingly weak growth dampening inflation outlook' given on 15 June, Irma Rosenberg of the Sveriges Riksbank said she sees scope for a more expansionary monetary policy.
Riksbank's workshop on inflation targeting
The Sveriges Riksbank held a workshop titled "Inflation targeting: implementation, communication and effectiveness" between 10-12 June. Papers presented at the workshop included "Central-bank communication and the publication of interest rate projections…
Sweden's Heikensten on inflation targeting
In opening remarks to the Conference on inflation targeting: implementation, communication and effectiveness given on 11 June, Lars Heikensten of the Sveriges Riksbank said the contributions to this conference have succeeded in capturing the most…
Sweden's Heikensten on the IMF
In the speech 'The IMF - Mandate, means and governance in a changing world' given on 8 June Lars Heikensten of the Sveriges Riksbank said the IMF's overall objective is still valid and its instruments for reaching this objective - surveillance, lending…
Kenneth Rogoff appointed new adviser to Riksbank
Sweden's Riksbank appointed Professor Kenneth Rogoff of Harvard University as adviser to the Riksbank's Executive Board on Thursday 9 June.
Sweden's Heikensten: Incoming data important
Sveriges Riksbank Governor Lars Heikensten spoke on 31 May at a meeting in Tylosand organised by regional local authorities about the current economic situation and monetary policy .
Bergstrom on Sweden's low inflation rate
In the speech 'Is the present low inflation rate a problem?' given on 30 May Villy Bergstrom of the Sveriges Riksbank said underlying factors still indicate a rise in resource utilisation and thereby a rise in inflation.