Governor Ingves and Deputy Governor Skingsley at the Riksdag Committee on Finance: hearing on monetary policy
Riksbank Governor Stefan Ingves and Deputy Governor Cecilia Skingsley today visited the Riksdag Committee on Finance for a hearing on the Riksbank’s monetary policy.At the end of last year, the Riksbank raised the repo rate for the first time in seven years. Governor Ingves therefore began this year’s first monetary policy hearing by giving the reasons for the rate rise. “As inflation has become established close to the inflation target and confidence in the target has strengthened, the need for a highly expansionary monetary policy has decreased slightly,” Governor Ingves said. The