Sweden
Sveriges Riksbank cuts repo rates to 2.0%
At its meeting on 31 March, the Executive Board of the Riksbank decided to lower the repo rate by 0.5 percentage points to 2.0 per cent. This decision was based on the picture of future inflation in the Riksbank's latest Inflation Report.
Sveriges Riksbank Inflation Report, No.1, 2004
Sweden's central bank, the Sveriges Riksbank, has published its First Inflation Report for 2004. The report said that there are increasingly clear signs that the Swedish economy is about to recover, after an unusually mild economic downturn. Inflation…
Riksbank Bergstrom: Scope for easier policy
Deputy Governor of the Sveriges Riksbank Villy Bergstrom said in a speech on Friday 26 March that the latest Swedish economic data show that there is "some scope" to ease monetary policy further.
Sweden's Heikensten on economic recovery
In a speech on 'Economic recovery with low inflationary pressure' given on 15 March, Lars Heikensten of the Sveriges Riksbank said there are a number of question marks as regards inflationary pressure and it is not known how long the recent rise in…
Riksbank's Persson on women, growth and welfare
In aspeech on 'Women, growth and welfare - an equation that must add up' given on 8 March, Kristina Persson of the Sveriges Riksbank said there is most probably some potential to increase productivity in the services sector but it is not sufficient just…
Minutes from the Sveriges Riksbank Meeting, 5 Feb
Minutes of the Sveriges Riksbank Executive Board meeting on 5 February, published 19 February. The minutes pointed to a continued strengthening in international economic activity. Deputy Governor Kristina Persson entered a reservation against the…
Heikensten-Risk management and financial stability
In a speech on 'Risk management and financial stability' given on 17 February, Lars Heikensten of the Sveriges Riksbank said regardless of the fact that there are now outstanding issues to be resolved to improve risk management, his overall conclusion is…
Former Riksbank governor founds EU-sceptic party
Former governor of the Sveriges Riksbank Lars Wohlin has become a co-founder of a new EU-sceptical party, which plans to contest European Parliament elections in June.
Sweden's central bank gets a chief press officer
The Sveriges Riskbank has created a new job at the world's oldest central bank. Jorgen Eklund will become the chief press officer as the Bank's external communications "have increased in scope" the Riksbank said.
Changes in Swedish banknote and coin series 2005
In order to reduce the risk of counterfeiting and to facilitate the recognition of genuine banknotes, the Sveriges Riksbank has decided to increase the security details in 50-kronor and 1000-kronor banknotes.
Riksbank reports loss in 2003 Annual Report
Sweden's central bank published its 2003 annual report on 12 February. This reported a loss of SEK 9.3 billion for the year with the krona appreciation in 2003 leading to a loss of SEK 12.5 billion.
Sweden's Heikensten on current monetary policy
In a speech on 'Monetary policy - some current issues' given on 10 February, Lars Heikensten of the Sveriges Riksbank said there are signs of an upturn in the euro area now, although the picture is not as clear-cut as in the United States.
Sveriges Riksbank lowers repo rate by 0.25%
At its meeting on Thursday, 5 February, the Executive Board of the Swedish central bank decided to lower the repo rate from 2.75 to 2.50 per cent.
Nyberg on developments in the Swedish economy
Sveriges Riksbank Deputy Governor Lars Nyberg spoke to the Swedish Shareholders' Association last week. Nyberg said that although the dollar has weakened due to developments in the US trade and budget deficits it was generally considered to be have been…
Sweden's Rosenberg on current monetary policy
In a speech on 'The current monetary policy situation' given on 29 January, Irma Rosenberg of the Sveriges Riksbank said that the information received so far since December does not appear to significantly alter the picture of a recovery in economic…
Sveriges Riksbank Economic Review 4th Quarter 2003
The Sveriges Riksbank has published its Economic Review for the 4th Quarter 2003. The Review includes articles "Crisis exercises make for crisis readiness," "Payment system efficiency and pro-competitive regulation" and asks "Is 'wage drift' a problem?".
Heikensten on the current economic situation
In the speech 'Monetary policy and the economic situation' given on 26 January Lars Heikensten of the Sveriges Riksbank said we are some way into a cautious upswing both in the world economy and the Swedish economy.
Sweden's Srejber on saving and inflation
In a speech on 'Saving and inflation' given on 19 November, Eva Srejber of the Sveriges Riksbank discusses Sweden's stabilisation policy framework and its development, mainly over the past 30 years, but also the potential challenges posed to the current…
Sveriges Riksbank Board Meeting minutes, 4 Dec
Minutes of the Sveriges Riksbank Executive Board meeting on 4 December, published 18 December. Members felt that international developments, with the exception of the euro area, had been surprisingly positive in recent months. The uncertainty that…
Riksbank's Srejber on financial delegation
Eva Srejber of the Sveriges Riksbank said on 2 November that there is evidently a need to review the institutional framework regarding the mutual life insurance companies. It is not sufficient to have a general requirement for them to reorganise…
Nyberg on financial stability surveillance
In a speech on 'Financial stability surveillance, Some Swedish experience' given on 10 December, Lars Nyberg of the Sveriges Riksbank said central banks need to acquire a better understanding of how the banks manage their liquidity, how they select their…
Rate hikes could deflate bubbles - Sweden's Nyberg
Deputy governor of the Sveriges Riksbank Lars Nyberg said on Wednesday 10 December that central banks could use interest rates to prick asset price bubbles. In a speech at an event arranged by the Bank of Indonesia in Jakarta he said that in his view…
Bergstrom on the importance of capital formation
In a speech on 'Can we be best again? The importance of capital formation for long-term growth' given on 12 August, Villy Bergstrom of the Sveriges Riksbank said that growth is now in the focus of the public debate in Sweden. It is important that we re…
Riksbank leaves repo rate left unchanged at 2.75%
Sveriges Riksbank, the central bank of Sweden, left interest rates unchanged at its meeting on Thursday 4 December. In a statement the Riksbank said its assessment of international economic activity had not changed significantly in recent months but…