Monetary policy decision: Asset purchases and zero interest rate support the recovery and inflation
Despite the spread of the coronavirus having increased again, the Swedish economy has developed relatively well, supported by extensive economic policy measures. The economic outlook is slightly brighter now than it was in February, but the pandemic is not over, and inflationary pressures remain low. Monetary policy needs to remain expansionary to support the economy and for inflation to be close to the target of 2 per cent more permanently. The Riksbank is therefore continuing to purchase securities within the envelope of SEK 700 billion. The repo rate is being held unchanged at zero per