07 september 2007

Riksbanken - Repo rate raised by 0.25 percentage points

Sveriges Riksbank/Riksbanken - Repo rate raised by 0.25 percentage points to 3.75 per cent:
"Repo rate raised by 0.25 percentage points to 3.75 per cent The Executive Board of the Riksbank decided at its meeting on 6 September to raise the repo rate by 0.25 percentage points to 3.75 per cent. At the same time, the Board made the assessment that the interest rate needs to be raised further in the future at about the same pace as was forecast in June. This is expected to contribute to inflation being close to the target of 2 per cent next year and onwards, and to production and employment developing in a balanced manner."