Skingsley to visit London
On Friday, Deputy Governor Cecilia Skingsley will be in London where she will hold a presentation at Deutsche Bank, among other duties. Ms Skingsley will discuss the reasoning behind the latest repo-rate decision and demonstrate how the Riksbank's highly expansionary monetary policy, with a negative repo rate and purchases of government bonds, is contributing to the strengthening of economic activity and the clear upward trend in inflation. She will suggest that monetary policy needs to remain very expansionary so that inflation continues to rise towards the target and so that the risks associated with a situation in which inflation is too low decline.
At the same time, Ms Skingsley will point out the risks to the development of inflation. "It is important that the trend of rising inflation continues. Consequently, we are continuing to maintain a high level of preparedness to make monetary policy even more expansionary if necessary", says Skingsley.
When the Monetary Policy Reports are published, members of the Executive Board visit different areas in Sweden and abroad to present the conclusions of the monetary policy decision. The members give presentations and, depending on the situation, meet financial-market players and representatives of business and industry, local government, the media and/or universities or colleges in the area concerned.
Follow the link to see the slides Ms Skingsley will show at her presentation at Deutsche Bank in London.
