Updated communication policy for the Riksbank

Date 07/05/2008

The Executive Board has adopted a communication policy for the Riksbank. The policy covers all Riksbank activities and monetary policy communication is described in a separate appendix.

“As regards monetary policy we will be more generous with information between the monetary policy meetings. This means, for example, commenting on new statistics in relation to our latest forecasts and describing the decision-making data. But there are six members of the Executive Board who are to come to a conclusion on the current economic situation and decide which interest rate path is appropriate. Sometimes it is uncertain right up to the last moment which way the majority decision will go. So the total assessment of the economic trend is made at the monetary policy meetings,” says Governor Stefan Ingves.

Changes in monetary policy communication are a result of the work on the overall communication policy for the entire Riksbank which has been proceeding during the spring.

“We have also listened and taken on board some of the comments from the financial markets and others who follow the Riksbank closely. We want our communication to contribute to increased openness and clarity,” says Stefan Ingves.

A more detailed account of the communication policy can be found under Economic Commentaries, se link below.