Riksbank raises policy rate by 0.5 percentage points and, starting in April, will begin selling government bonds
Inflation is far too high and has continued to rise. For inflation to fall and stabilise around the target within a reasonable time, the Executive Board has decided to raise the Riksbank's policy rate by 0.5 percentage points to 3.0 per cent. The policy rate will probably be raised further during the spring. Further, the Executive Board decided that the Riksbank will, with effect from April, sell government bonds to reduce asset holdings at a faster pace.High global inflation and rising policy rates Central banks around the world have rapidly raised their policy rates to bring down