Policy rate raised by 0.75 percentage points
Inflation is still far too high. The high inflation undermines purchasing power for many people and makes it more difficult for households and companies to plan their finances. To bring down inflation and safeguard the inflation target, the Executive Board has decided to raise the policy rate by 0.75 percentage points to 2.5 per cent. The forecast shows that the policy rate will probably be raised further at the beginning of next year and then be just below 3 per cent. It is still difficult to assess how inflation will develop and the Riksbank will adapt monetary policy as necessary to ensure