https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Sweden's central bank, the Riksbank, lowered the country's key interest rate to 2 percent back on June 18th. The next interest rate announcement is scheduled for Tuesday, August 19th. How likely is it that the bank will choose to cut the rate? https://www.thelocal.se/20250815/will-swedens-central-bank-cut-interest-rates-next-week Fri, 15 Aug 2025 15:07:03 +0200 will-swedens-central-bank-cut-interest-rates-next-week Martin Flodén, the deputy governor of Sweden's Riksbank, has questioned whether the central bank needs to bring in further rate rises in April, following bank runs on two niche banks in the US and a crisis of confidence at Credit Suisse. https://www.thelocal.se/20230316/riksbank-deputy-open-to-reconsidering-raising-rates-in-april Thu, 16 Mar 2023 17:20:29 +0100 riksbank-deputy-open-to-reconsidering-raising-rates-in-april The governor of Sweden's Riksbank central bank has told MPs he still intends to raise rates by at least 0.25 percentage points in April, despite the failure of several banks in the US. https://www.thelocal.se/20230314/swedens-central-bank-still-planning-to-raise-interest-rates-in-april Tue, 14 Mar 2023 16:17:47 +0100 swedens-central-bank-still-planning-to-raise-interest-rates-in-april Sweden's Riksbank has announced a shock one percent rise in interest rates, the biggest increase since it was given its two percent inflation target back in 1993. https://www.thelocal.se/20220920/swedens-central-bank-announced-biggest-rate-rise-in-30-years Tue, 20 Sep 2022 11:39:52 +0200 swedens-central-bank-announced-biggest-rate-rise-in-30-years Sweden's Riksbank has raised interest rates by 50 points to 0.75 percent, in its biggest rate hike in 22 years. https://www.thelocal.se/20220630/swedens-central-bank-makes-biggest-rate-hike-in-22-years Thu, 30 Jun 2022 14:04:37 +0200 swedens-central-bank-makes-biggest-rate-hike-in-22-years Stefan Ingves, the central bank governor who helped steer Sweden through the 2007 financial crisis, and then presided over years of negative interest rates, is to step at the end of the years. https://www.thelocal.se/20220617/head-of-swedens-riksbank-to-step-down-at-the-end-of-the-year Fri, 17 Jun 2022 18:42:04 +0200 head-of-swedens-riksbank-to-step-down-at-the-end-of-the-year Sweden's central bank has increased its key interest rate to 0.25 percent, marking the first time the rate has been above zero for nearly eight years. https://www.thelocal.se/20220428/will-swedens-riksbank-increase-rates-this-morning Thu, 28 Apr 2022 10:11:20 +0200 will-swedens-riksbank-increase-rates-this-morning Sweden’s central bank has predicted that its interest rate, which has not edged above a historic zero for over six years, will remain unchanged for three more years. https://www.thelocal.se/20210427/swedens-central-bank-keeps-interest-rate-steady-at-zero-percent Tue, 27 Apr 2021 11:53:42 +0200 swedens-central-bank-keeps-interest-rate-steady-at-zero-percent Sweden has taken one step closer towards its own digital currency – the “e-krona”. https://www.thelocal.se/20210412/what-you-need-to-know-about-swedens-plans-for-a-digital-currency Mon, 12 Apr 2021 09:41:55 +0200 what-you-need-to-know-about-swedens-plans-for-a-digital-currency The Swedish economy has withstood the second wave of the pandemic better than the first, said the country's Central Bank as it released its new forecast for the interest rate. https://www.thelocal.se/20210210/central-bank-vaccination-progress-will-determine-swedens-economic-outlook Wed, 10 Feb 2021 11:43:51 +0100 central-bank-vaccination-progress-will-determine-swedens-economic-outlook Sweden's central bank said on Thursday that its interest rate, which has stayed below a historic zero since the beginning of 2015, will remain unchanged for now amid global uncertainty. https://www.thelocal.se/20190905/swedens-central-bank-keeps-interest-rate-low-amid-trade-conflicts-and-brexit-uncertainty Thu, 05 Sep 2019 14:22:16 +0200 swedens-central-bank-keeps-interest-rate-low-amid-trade-conflicts-and-brexit-uncertainty False information about digital currency is being circulated online in Sweden, the country's central bank said on Monday. https://www.thelocal.se/20190107/swedens-national-bank-warns-of-false-information-about-e-currency Mon, 07 Jan 2019 17:07:50 +0100 swedens-national-bank-warns-of-false-information-about-e-currency The Swedish repo rate, which has stayed below a historic zero since the beginning of 2015, was on Thursday once again left unchanged at a record -0.50 percent, the central bank announced. https://www.thelocal.se/20180906/swedens-record-low-interest-rate-kept-unchanged-again Thu, 06 Sep 2018 15:33:11 +0200 swedens-record-low-interest-rate-kept-unchanged-again Almost two thirds of Swedes say they could manage in a cash-free society. https://www.thelocal.se/20180516/we-could-cope-with-a-cash-free-society-swedes-say Wed, 16 May 2018 10:54:20 +0200 we-could-cope-with-a-cash-free-society-swedes-say A cashless future could create problems for Sweden in a time of crisis unless the country introduces new payment systems, argues Riksbank Governor Stefan Ingves. https://www.thelocal.se/20180306/opinion-sweden-needs-change-to-stop-cashless-future-creating-problems-in-time-of-crisis Tue, 06 Mar 2018 07:59:00 +0100 opinion-sweden-needs-change-to-stop-cashless-future-creating-problems-in-time-of-crisis Sweden could soon become the first country to launch its own cryptocurrency, an analyst at HSBC has predicted. https://www.thelocal.se/20180115/sweden-predicted-to-become-first-country-with-own-cryptocurrency Mon, 15 Jan 2018 16:45:41 +0100 sweden-predicted-to-become-first-country-with-own-cryptocurrency Riksbank governor Stefan Ingves, the economist who introduced Sweden's negative interest rate more than two years ago, is to be in charge of the world's oldest central bank for another five years. https://www.thelocal.se/20170929/stefan-ingves-stays-as-head-of-swedens-central-bank Fri, 29 Sep 2017 14:34:30 +0200 stefan-ingves-stays-as-head-of-swedens-central-bank Sweden's money changeover is nearly over. But check your coat pockets, because there may still be more than a billion's worth of old coins out there and today is the last day to hand them in to the bank. https://www.thelocal.se/20170831/last-chance-to-deposit-your-old-swedish-coins Thu, 31 Aug 2017 09:26:18 +0200 last-chance-to-deposit-your-old-swedish-coins Sweden reached its inflation target for the first time in more than six years in July, which could spell a return to normalized monetary policy after years of negative interest rates. https://www.thelocal.se/20170815/sweden-hits-inflation-target-for-the-first-time-in-six-years Tue, 15 Aug 2017 14:24:16 +0200 sweden-hits-inflation-target-for-the-first-time-in-six-years Sweden's banknote and coin changeover is nearly completed, and June 30th was the last day to use the remaining old notes and coins for payments. https://www.thelocal.se/20170701/check-your-wallet-this-swedish-money-is-useless-as-of-today Sat, 01 Jul 2017 15:55:59 +0200 check-your-wallet-this-swedish-money-is-useless-as-of-today