The Sveriges Riksbank left its repo rate at 0.0 percent during its September meeting as widely expected, saying monetary policy needs to remain expansionary for inflation to be lastingly close to the target going forward. Policymakers noted the Swedish economy has recovered quickly and inflation is expected to become temporarily higher than 2 percent in the coming year, before falling back again. The central bank will also continue to purchase securities during the fourth quarter, in line with the earlier decisions. The repo rate is expected to remain unchanged until at least the third quarter of 2024, while the holdings of securities will be more or less unchanged during 2022. source: Sveriges Riksbank
Interest Rate in Sweden averaged 2.84 percent from 1994 until 2021, reaching an all time high of 8.91 percent in July of 1995 and a record low of -0.50 percent in February of 2016. This page provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Interest Rate in Sweden is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Interest Rate is projected to trend around 0.00 percent in 2022, according to our econometric models.