Sweden
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.
Sweden's Bergstrom on monetary policy
In the speech given on 26 May Villy Bergstrom of the Sveriges Riksbank said that given the economic situation, employment has shown unusually weak growth and unemployment is at a relatively high level, by Swedish standards.
Sweden's Srejber on inflation targeting
Sveriges Riksbank First Deputy Governor Eva Srejber gave a speech on Tuesday 24 May at hman Fondkommission in Stockholm on the subject of inflation targeting and asset prices.
Riksbank's Heikensten says growth weaker
Sweden's Riksbank governor Lars Heikensten said recent indicators suggest economic activity is slightly weaker than forecast in the central bank's last inflation report in March, so it is important "that all doors are kept open" regarding monetary policy.
Sveriges Riksbank, Financial Stability Report 1:05
Sweden's central bank, the Sveriges Riksbank, has published its first Financial Stability Report for 2005. The risks of disruptions in the Swedish financial system appear to be limited at present, the report says.
Heikensten on the Riksbank & stabilisation policy
In the speech 'The Riksbank and stabilisation policy' given on 24 May, Lars Heikensten of the Sveriges Riksbank said stabilisation policy is important, but one should not overestimate what it can achieve.
Riksbank seeing weaker than expected economy
A deputy governor of Sweden's Riksbank, Kristina Persson, said Tuesday 24 May the central bank is seeing signs of somewhat weaker economic activity than it had previously expected.
Sweden's Nyberg on the Riksbank & inflation target
In the speech 'The Riksbank and the inflation target' given on 19 May Lars Nyberg of the Sveriges Riksbank said it is important to monitor whether the slackening tendencies seen in economic activity recently are temporary or more persistent.
Sweden's Srejber on supervisory responsibility
In the speech 'The divorce between macro financial stability and micro supervisory responsibility: are we now in for a more stable life?' given on 13 May Eva Srejber of the Sveriges Riksbank said she finds it hard to see how, in the long run, the EU…
Minutes from the Sveriges Riksbank Meeting, 28 Apr
The Sveriges Riksbank published the minutes from its 28 April Executive Board meeting on 17 May. A member emphasised that growth in the world economy was still high, but said that it had become more unevenly distributed and that the performance seemed…
Sveriges Riksbank Economic Review 1st Quarter 2005
The Sveriges Riksbank has published its Economic Review for the 1st Quarter 2005. This year's first issue contains four articles: on the relationship between monetary policy and employment, on the inflation target, on the upswing in productivity growth…
Sweden leaves repo rate unchanged at 2 per cent
At its meeting on 28 April, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent. Inflation, measured in terms of UND1X, is expected to be in line with the Riksbank's target a couple of years ahead, the bank…