Sveriges Riksbank/Riksbanken - Repo rate raised by 0.25 percentage points

Sveriges Riksbank/Riksbanken - Repo rate raised by 0.25 percentage points
At its meeting on 25 October, the Executive Board of the Riksbank decided to raise the repo rate by 0.25 percentage points to 2.75 per cent. Continued good economic activity and rising inflation mean that the repo rate needs to be raised. Inflation is forecast at slightly below target level two years ahead, partly due to temporarily falling energy prices, but is then expected to rise. It is reasonable to assume that the interest rate will need to be increased further, roughly in line with recent market expectations. However, the exact rate at which this should be done will, as usual, depend on economic developments.