Monetary policy decision: Zero interest rate and asset purchases for inflation to be more permanently close to 2 per cent
The spread of infection of the coronavirus has declined and the economic outlook is brighter. However the pandemic is not yet over, and inflationary pressures are still moderate. By conducting an expansionary monetary policy, the Riksbank contributes to continued good development of the economy and to inflation attaining the target more permanently. The Executive Board has therefore decided to hold the repo rate unchanged at zero per cent and that during the fourth quarter the Riksbank will continue purchasing assets within the envelope of SEK 700 billion.Rising optimism, but great