Minutes of the Monetary Policy Meeting held on 23 October 2019
At the Monetary Policy Meeting on 23 October 2019, the Executive Board of the Riksbank decided to leave the repo rate unchanged at –0.25 per cent. As in September, the forecast for the repo rate indicates that the rate will most probably be raised in December to zero per cent. However, low interest rates abroad and continued uncertainty over global and Swedish economic activity mean that the forecast for the repo rate has thereafter been revised downwards and indicates that the repo rate will be unchanged for a prolonged period after the expected rise in December.The board members supported