Ingves and Jansson: Hearing on monetary policy
Date
08/11/2012
On Thursday Governor Stefan Ingves and Deputy Governor Per Jansson took part in a hearing on monetary policy at the Riksdag's Committee on Finance.
Mr Ingves began the hearing by summarising economic developments so far this year. These had been dominated by weak GDP growth in the euro area and low inflationary pressures in Sweden. Mr Ingves described how the Riksbank had gradually cut the repo rate and the repo-rate path over the course of the year to stimulate the Swedish economy so inflation will rise towards the target level. Mr Jansson spoke about why he considers it was appropriate to hold the repo rate unchanged at 1.25 per cent and to lower the repo-rate path at the most recent monetary policy meeting in late October.
Follow the link to see the Powerpoint presentation to the Riksdag Committee on Finance.
