Market Updates: Sweden’s Repo Rate Steady at −0.25%

Press Release – Key Takeaways :

• The economic developments in Sweden and abroad have begun a phase of lower growth.
• Although growth is more subdued, economic activity is still robust.
• The conditions for inflation to settle close to 2% in the coming years have not changed to any great extent.
• The Executive Board has therefore concluded to keep the repo rate unchanged at −0.25%.
• As on December, the forecast for the repo rate indicates that the next increase will be during the second half of 2019, provided the economic outlook and inflation prospects are as expected.