Monetary policy decision: Zero interest rate and asset purchases for inflation more lastingly close to 2 per cent
The Swedish economy has recovered quickly and inflation is expected to become temporarily higher than 2 per cent in the coming year, before falling back again. Monetary policy needs to remain expansionary for inflation to be lastingly close to the target going forward. The Executive Board has therefore decided to hold the repo rate unchanged at zero cent and it is expected to remain at zero for the entire forecast period. The Riksbank will also continue to purchase securities during the fourth quarter, in line with the earlier decisions. The Executive Board’s forecast is that the holdings of