Sweden
Nordic central banks conclude MoU memorandum
The Governors of the central banks of Denmark, Finland, Iceland, Norway and Sweden signed a Memorandum of Understanding (MoU) on financial crisis management at their meeting of 11 June in Iceland.
Sweden's Riksbank cuts rates by 0.5%
The Sveriges Riksbank announced on Friday June 6 that it was reducing its repo rate from 3.5 per cent to 3.0 per cent based on the picture of future inflation presented in its Inflation Report and no clear indication of a strengthening in economic…
Sveriges Riksbank Inflation Report, No.2, 2003
Sweden's central bank published its Second Inflation Report for 2003 on 5 June. In the report the Riksbank said CPI inflation is expected to be 1.2 per cent one year ahead and 1.8 per cent two years ahead while the degree of uncertainty in the…
Scrutinising central bank efficiency
The Swedish Central Bank has just hosted a conference on the subject of "central bank efficiency". The workshop was organized by Marten Blix Anders Vredin, and Sonja Daltung, all of the Riksbank.
Sveriges Riksbank, Financial Stability Report
Sweden's central bank, the Sveriges Riksbank, published its first Financial Stability Report for 2003 on 3 June. Since the last report economic prospects have been revised downwards for Sweden as well as for other countries of economic and financial…
Swedish central bank issues commemorative coins
Sveriges Riksbank issues commemorative coins to commemorate the 700th anniversary of the birth of Saint Birgitta, 27 May 2003
Riksbank on the euro in Swedish financial sector
Manageable risks in the changeover process if Sweden adopts the euro 2006, 14 May. A report published on Wednesday 14 May by the Sveriges Riksbank "The Euro in the Swedish Financial Sector - Progress Report 9" contains a summary and update of financial…
Minutes of Riksbank Board meeting, 24 April
Minutes of the Sveriges Riksbank Executive Board meeting on 24 April were published 12 May. The minutes said one of the starting points in the assessment of the inflation picture was that the war would be short. Based on this, the Executive Board…
Swedes become more hostile to the euro
Four polls since 15 April suggest opponents of the euro outnumber supporters in Sweden by an average of 8 per cent, according to report by Bloomberg. This compares with six months ago when pro-euro campaigners led by 3 percentage points.
Repo rate left unchanged by Riksbank at 3.5%
Sweden's central bank left interest rates unchanged at its Thursday meeting citing the picture of future inflation it presented in the March Inflation Report as a major reason for the decision.
Swedish trade minister on ECB vote proposals
Sweden's trade minister has said the proposals for reform of the voting arrangements on the ECB's governing council will leave Sweden without a worthwhile role and the Swedish people as less than full participants, according to a report in the Swedish…
Riksbank's Persson on monetary policy
In a speech on 'Monetary policy and labour supply' Kristina Persson of the Sveriges Riksbank said monetary policy cannot directly affect production's potential, long-term growth rate. However, it can indirectly lay the foundation for a good development…
Heikensten on monetary policy and potential growth
In a speech on 'Monetary policy and potential growth' Lars Heikensten of the Sveriges Riksbank said a high long-term growth rate is one of the most important objectives of economic policy. The Riksbank has earlier spoken of a potential growth rate in the…
Swedish unions fail to support euro entry bid
With Sweden set to vote on the euro in September, the yes camp has suffered a blow, Reuters reports, after a leading union refused to give its backing to the single currency.
Riksbank's Irma Rosenberg attends EMU seminar
Sveriges Riksbank Deputy Governor Irma Rosenberg said at a seminar that it is important to safeguard long-term stability in EMU.
Riksbank appoints new dep head of mon pol dept
Kerstin Hallsten has been appointed the new Deputy Head of the Monetary Policy Department of the Sveriges Riksbank, 3 April.
Bergstrom: Driving forces behind EMU
Deputy Governor of the Sveriges Riksbank Villy Bergstrom gave speeches on Thursday at a seminar for trade union representatives in Brunnsvik and at a meeting organised by the Study Promotion Association and JAK Bank in Orsa on the political and economic…
Swedish central bank cuts rates again
The Sveriges Riksbank trimmed interest rates further on Tuesday March 18, blaming continued uncertainty and the threat of war, according to a Reuters report.
Heikensten on Swedish monetary policy
SPEECH - In the speech 'Introduction on monetary policy' Lars Heikensten of the Swedish central bank said an important circumstance that affected the Riksbank's decision to lower interest rates on Monday was that the unease and uncertainty in the global…
Sveriges Riksbank Inflation Report, No.1, 2003
REPORT - Sweden's central bank has published its Inflation Report for the First Quarter 2003. In the report the Riksbank said this year inflation has risen more than anticipated, partly due to rising oil prices. The report says that the recovery slowed…
Publication of Sveriges Riksbank Inflation Report
On Tuesday, 18 March, the Riksbank will present this year's first report on monetary policy to the Riksdag Finance Committee. Pursuant to the Sveriges Riksbank Act, the Riksbank must present a written report on monetary policy to the Committee at least…
Rosenberg- Monetary policy and the Swedish economy
Speech on 'Monetary policy and the Swedish economy' by Irma Rosenberg of the Sveriges Riksbank. The speech was Rosenberg's first public appearance in her new role as Deputy Governor of the Riksbank. She said it was stimulating to meet people and discuss…
Swedish gov't moves for trade union EMU support
In a bid to reduce opposition to the euro, a report says the Swedish government is preparing to set aside money to protect jobs, in exchange for trade union votes in the upcoming referendum.
Sveriges Riksbank Press Release
PRESS RELEASE - Heikensten: Inflation rise expected to be temporary. Riksbank Governor Lars Heikensten spoke at a meeting organised by Hammarby bandy club on the subject of "Some monetary policy issues" on 20 February.