Sweden
Sweden's Nyberg on securities market
In a speech on 'The securities market today and tomorrow' given on 10 November, Lars Nyberg of the Sveriges Riksbank said in recent years, inflation in many countries has fallen, and inflation expectations have stabilised at a level that reflects the…
Sweden's Rosenberg on economic outlook:
In the speech 'Economic outlook is changed' given on 17 November, Irma Rosenberg of the Sveriges Riksbank said that labour market developments will continue to be weak and there are still no clear signs of a turnaround. The continuation of favourable…
Riksbank deputy on the housing market
Increasing household debt and rising housing prices since the early 1990s have been of great interest to the Riskbank, said Lars Nyberg, a deputy governor, in a recent speech. The central bank and consumers must be vigilant although there do not "seem to…
Riksbank's Srejber on the power of transparency
In a speech on 'The power of transparency for macroeconomic discipline' given on 11 November, Eva Srejber of the Sveriges Riksbank said the experience of central banks is that transparency and goals help form expectations and behaviour, enlisting the…
Sweden to withdraw some older notes and coins
The Sveriges Riksbank announced on 9 November that the Riksdag (the Swedish parliament) decided on 27 October, following a proposal from the Riksbank, that some older series of banknotes and coins shall cease being legal tender after 31 December 2005.
Sveriges Riksbank Economic Review 3rd Quarter 2004
The Sveriges Riksbank published its Economic Review for the 3rd Quarter 2004 on 8 November. The latest issue contains three articles: How should the Riksbank's financial stability work develop?, Cash-supply efficiency and Inflation and relative-price…
Bergstrom: Riksbank to blame for unemployment?
In a speech titled 'Is the Riksbank to blame for unemployment?' given on 4 November Villy Bergstrom of the Sveriges Riksbank said all factual criticism of the Riksbank's forecasts is good, but there's a risk of concentrating the debate on our interest…
Riksbank's Rosenberg on monetary policy
In a speech on 'Monetary policy and the conditions for growth' given on 1 November, Irma Rosenberg of the Sveriges Riksbank said the Riksbank sees Swedish GDP growth of 2.0-2.5 pct over the longer term.
Minutes from the Sveriges Riksbank Meeting, 13 Oct
Minutes from the Sveriges Riksbank Executive Board meeting on 13 October showed that the board was unanimous in its decision to leave the repo rate unchanged at 2 per cent.
Sweden's Srejber on the future of the economy
In the speech 'Is there reason for confidence in the future of the economy?' given on 21 October Eva Srejber of the Sveriges Riksbank said the positive effects of sustainable long-term growth, combined with the opportunities offered by continued…
Sweden's Heikensten at the Riksdag Committee
In a speech on monetary policy given to the Riksdag Committee on Finance on 14 October, Lars Heikensten of the Sveriges Riksbank said as the economic upturn progresses and resource utilisation increases further, it is reasonable to assume that monetary…
Sveriges Riksbank alters management forms
At its meeting on 13 October, the Executive Board of the Sveriges Riksbank decided to make certain changes in the way the bank is managed. Responsibility of members of the Executive Board for preparing matters from the departments will be replaced by a…
Sveriges Riksbank Inflation Report, No.3, 2004
Sweden's central bank, the Sveriges Riksbank, has published its Third Inflation Report for 2004. International growth has been slightly higher than expected, despite the rise in oil prices. At the same time, the report says, Swedish exports have shown an…
Nobel prize winner keen to continue his work
Finn Kydland, joint winner of the 2004 Nobel economics prize, was giving a guest lecture at the Norwegian School of Economics and Business Administration (NHH) in Bergen, western Norway when he was told the news he had won the prize.
Riksbank leaves repo rate unchanged at 2 per cent
At its meeting on 13 October, the Executive Board of the Sveriges Riksbank decided to leave the repo rate unchanged at 2 per cent.
Nobel prize winner calls for central bank autonomy
The joint winner of the 2004 Nobel economics prize, Finn Kydland, called on governments Monday 11 October to guarantee central bank independence and praised the European Central Bank, while criticising Latin American policy makers.
Riksbank issues coins to mark Palace anniversary
The Sveriges Riksbank is issuing two commemorative coins on the occasion of the 250th anniversary of the Royal Palace in Stockholm; a 200-krona coin in silver and a 2,000-krona coin in gold.
Sweden's Persson on Basel II and SMEs
On Thursday 23 September, Sveriges Riksbank Deputy Governor Kristina Persson gave a speech titled "Banking and regional development" at a research conference in Stockholm, organised by the Goran Collert Foundation. The subjects discussed included Basel…
Sweden's Heikensten on monetary policy
In a speech on 'The economic situation and monetary policy' given on 20 Septembe,r Lars Heikensten of the Sveriges Riksbank said the bank's current inflation forecast may have to be revised upwards in the light of higher oil prices, a slightly stronger…
Sweden's Rosenberg on monetary policy house prices
In a speech on 'Monetary policy, house prices and household indebtedness' given on 20 September, Irma Rosenberg of the Sveriges Riksbank said despite stock market fluctuations and a periodically weak economic climate, both household indebtedness and…
Srejber on new EU countries- opportunities & risks
In the speech 'New EU countries - opportunities and risks' given on 20 September Eva Srejber of the Sveriges Riksbank said for some of the other new member states a hurried transition to the euro could give rise to problems. The Baltic States are very…
Sweden's Persson: structural reform and employment
Deputy Governor of the Sveriges Riksbank Kristina Persson on Monday September 13 gave her view of economic developments at a seminar in Paris arranged by the Swedish Center for Business and Policy Studies and the Swedish Chamber of Commerce.
Sweden's Nyberg on universal banking
In a speech on 'How do conflicts of interest in universal banking emerge and what are the arguments for a separation of commercial and investment banking?' given on 26 August, Lars Nyberg of the Sveriges Riksbank said he believed that the supervisory…
Minutes from the Sveriges Riksbank Meeting, 19 Aug
Minutes of the Sveriges Riksbank Executive Board meeting on 19 August were published 2 September. One member observed that economic activity in Sweden had strengthened slightly more than expected during the first six months of the year, and that the…