Sweden
Press Release from Sweden's central bank
PRESS RELEASE - Sven Hulterstrom comments on Urban Backstrom's decision, 21 May.
ECB Convergence Report 2002
REPORT - The European Central Bank (ECB) publishes today its Convergence Report 2002, which examines whether Sweden has achieved a high degree of sustainable convergence, as well as the compatibility of its national legislation with the Treaty…
Swedish central bank governor resigns
SWEDEN - Sweden's central bank governor said Tuesday he will resign at the end of the year, two years before his term expires, as the Scandinavian country considers adopting Europe's common currency.
Sweden 'not ready' for euro - Report
SWEDEN - Sweden is not yet ready to join the euro because its currency is too unstable and the central bank not independent enough from the government, the European Commission has said.
Speech by V Bergstrom, Sveriges Riksbank, 15 May
SPEECH - In the speech titled 'Forecasts and business cycles' Deputy Governor Bergstrom said in recent years the Swedish economy has been subjected to relatively large disturbances. The Asian and Russian crisis, as well as severe fluctuations on the…
Riksbank's Bergstroem worries about inflation
SWEDEN - The Riksbank's deputy governor Bergstroem said the bank's research estimates wage rises of 4% over the next two years, which is not compatible with the inflation target of 2%. Further interest rate hikes may be necessary in the future.
Speech by Lars Nyberg of Sveriges Riksbank, 22 Apr
SPEECH - In the speech titled 'The repo rate - spring 2002' Nyberg said inflation should fall in the months ahead, but for inflation to exceed target 1 to 2 years ahead. He also said there were more 'tangible' signs that the Sweden recovery picking up.
Money and Inflation in the Euro Area
RESEARCH - Paper by Stefan Gerlach of the Hong Kong Monetary Authority and Lars E.O Svensson of Princeton University, April 2002.
Speech by K Persson of Sveriges Riksbank, 17 Apr
SPEECH - In the speech titled 'Monetary policy and competition' Persson said growth in demand in Sweden and abroad seems to be recovering, suggesting the Riksbank was not worried that the economy might stall. "Growth in demand now appears to be on the…
Speech by U Backstrom of Sveriges Riksbank, 17 Apr
SPEECH - In the speech 'Perspective on the inflation target' Backstrom said the Swedish economy may be close to, or even above, full resource utilisation noting this posed a risks to future inflation.
High resource use a worry for Sweden's c bank
SWEDEN - The Swedish economy may be running close to or even above full resource utilisation, the governor of Sweden's central bank, the Riksbank, said on Wednesday, adding this posed risks for inflation in the future.
Sveriges Riksbank - Annual Report 2001
ANNUAL REPORT - Sweden's central bank published its Annual Report for the year 2001 on 10 April.
Speech by Eva Srejber of Sveriges Riksbank, 9 Apr
SPEECH - In the speech titled 'Experiences from the cash changeover in the euro area' Srejber says we have alot to learn from the twelve countries who have already implemented the introduction of the euro and this will be of considerable assistance in…
Speech by L Heikensten, Sveriges Riksbank, 2 Apr
SPEECH - Heikensten said in a speech titled 'Growth effects of the new stabilisation policy regime' that Sweden's recent policy of pursuing low and stable inflation and steady economic policies has been important for improving the conditions for economic…
Speech by U Backstrom of Sveriges Riksbank, 19 Mar
SPEECH - "If resource utilization is more strained than the Riksbank now assumes or if potential growth has been overestimated, there is a risk of future inflation being higher than in the main scenario," Backstrom said in a speech following the release…
Swedish c.bank gov sees post-summer CPI up-tick
SWEDEN - Swedish inflation is likely to taper off in the next few months but rise anew after the summer due to strained resource utilisation, central bank Governor Urban Backstrom said on Tuesday.
Speech by Lars Nyberg of Sveriges Riksbank, 11 Mar
SPEECH - In the speech titled 'Financial disturbances and the real economy' Nyberg echoed concerns voiced by colleagues on the banks board that inflation in Sweden has been unexpectedly high lately saying "a number of my colleagues have expressed concern…
Swedish c banker joins inflation concern view
SWEDEN - Inflation in Sweden has been unexpectedly high lately, Swedish central bank Deputy Governor Lars Nyberg said on Monday, adding he shared the concern over the issue voiced by colleagues on the bank's board.
Heikensten says slower wage growth needed
SWEDEN - Sweden's membership of European economic and monetary union will demand a higher government budget surplus and lower wage increases, Lars Heikensten, deputy governor of Sweden's central bank told Dagens Nyheter Sunday.
Speech by U Backstrom of Sveriges Riksbank, 7 Mar
SPEECH - Backstrom said in the speech titled 'Swedens economy and monetary policy' that "if inflation, even disregarding the temporary effects, is above the target initially, activity is entering an upward phase and economic policy's impact on the…
Swedish c bank chief says worried by inflation
SWEDEN - Sweden's central bank governor Urban Backstrom said on Thursday he shared the concern of many of his colleagues at the bank on inflation but said a rate rise should be postponed if an upturn was not certain.
Speech by K Persson of Sveriges Riksbank, 28 Feb
SPEECH - In the speech titled 'The Riksbank, growth and inflation' Persson said that inflation had exceeded the central banks forecast because it may have over-estimated the economy's production capacity.
Sweden inflation above expectation - Persson
SWEDEN - Swedish inflation is higher than the central bank had expected because it may have over-estimated the economy's production capacity, deputy central bank governor Kristina Persson said on Thursday.
Speech by Eva Srejber of Sveriges Riksbank, 25 Feb
SPEECH - In the speech titled 'Monetary policy and inflation expectations' the hawkish Eva Srejber said the economic slowdown was in its final stages and a 25 basis point rate rise was necessary to control how fast the economy would rebound.