The Sveriges Riksbank held its benchmark rate at 0.0 percent during its November meeting, and said it would purchase bonds for SEK 37 billion during the first quarter of 2022 to compensate for forthcoming principal payments in the asset portfolio following the expiration of the asset purchase programme initiated in March 2020. Policymakers noted that economic activity is strong, while the above-target inflation rate is expected to fall next year as the energy price inflation slows and the supply bottlenecks are resolved. Looking forward, the central bank forecasts that the repo rate will be raised in the latter part of 2024, and the asset holdings will remain approximately unchanged in 2022 and then decrease gradually. source: Sveriges Riksbank
Interest Rate in Sweden averaged 2.83 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 December 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.