Sweden
Swedish Riksbank keeps interest rates unchanged
Sweden's central bank, the Riksbank, pointing to the global and Swedish economic slowdown, said on Feb 2, 2001, it left key interest rates unchanged as widely expected by financial markets. The Riksbank said the repo rate, its chief monetary policy…
Swedish cbank signals steady rates as growth slows
Euro-outsider Sweden's central bank signalled on Jan. 29, 2001, its key repo rate would remain on hold at 4.00 percent, 75 basis points below the euro zone's steering rate, at this week's monetary policy meeting. Riksbank Governor Urban Backstrom said in…
Riksbank new board member is economist, ex-MEP
Kristina Persson, an economist and former MEP, was appointed on Jan. 26, 2001, to fill a vacant seat on the Swedish Riksbank central bank's seven-member board of governors, which sets monetary policy, the bank said. Persson, 55, who has worked at the…
Differing views -Swedish participation in the euro
Although Sweden, unlike the United Kingdom and Denmark, does not have an opt-out authorising it to remain outside the Euro zone even if it were to meet all the convergence criteria, the country's Minister for External Trade, Leif Pagrotsky, has insisted…
Swedish c.bank says one member opposed rate hike
Sweden's central bank, the Riksbank, said one of its six board members did not support this month's increase of Sweden's key repurchase rate by 25 basis points to 4.00 percent.
Riksbank hikes rates, policy stance to neutral
The Riksbank said that its 25 basis point hike that raised the repo rate to 4.0% Thursday was based on its new assessment that inflation would rise above the central bank's 2% limit in two year's time in the absence of tighter monetary policy.
Swedish financial system remains stable - Riksbank
Sweden's financial system remains stable thanks to good profitability in the banking sector and a strong economy, the Riksbank said on Thursday.
Riksbank says rate hike will come sooner or later
Villy Bergstroem, deputy governor of Sweden's central bank, the Riksbank, Tuesday reiterated earlier Riksbank statements that an interest rate hike will come sooner or later.
Bank of Japan can learn from Sweden on inflation
In a letter to the editor in Financial Times today, Professor Lars Jonung argues that the Bank of Japan can learn from the Riksbank in adopting a zero inflation target.
Riksbank's Heikensten sees inflation pressure
Swedish central bank first deputy governor Lars Heikensten said inflationary pressure in the country is growing and the central bank may have to raise interest rates as a result.