Monetary policy decision: Zero interest rate and unchanged asset holdings
As energy prices have increased rapidly, inflation is now high but the Riksbank expects it to fall back over the year. Monetary policy needs to provide continued support for inflation to be close to the target in the medium term. The Executive Board has therefore decided to hold the repo rate at zero per cent and that the Riksbank shall purchase bonds for SEK 37 billion during the second quarter of 2022 to compensate for maturing assets in the portfolio. The Executive Board’s forecast is, as before, that the holdings will remain approximately unchanged in 2022 and then decrease gradually. The