Comment with regard to the Riksdag Committee on Finance’s planned evaluation of monetary policy

Date 07/04/2005

”The Riksbank welcomes a high-level, independent evaluation of its monetary policy,” says Riksbank Governor Lars Heikensten.

”Now that ten years have passed since the introduction of the inflation targeting regime it seems particularly natural to assess how monetary policy has worked and to put forward proposals for how it could be enhanced. Such assessments have been carried out in a number of other inflation targeting countries in recent years.”

In connection with the Riksbank Governor’s hearing before the Committee on Finance on 15 March the Governor called for a more in-depth discussion of monetary policy that included annual independent assessments.

”In this spirit we are organising a seminar in Stockholm from 10-12 June that will be attended by around ten of the world’s foremost academics in the field and by roughly the same number of leading representatives from the central bank world,” concluded Mr Heikensten.