Headlines
Inflation data supports view of easing pressure this year, Riksbank chief says
Published by Global Banking & Finance Review®
Posted on May 22, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 22, 2025
1 min readLast updated: January 23, 2026
Riksbank chief Erik Thedeen expects inflation pressure to ease in 2023, with April data confirming this outlook. The policy rate remains at 2.25%.
STOCKHOLM (Reuters) -Information since the latest monetary policy decision does not deviate substantially from the view the Riksbank had earlier this month, Swedish Central Bank Governor Erik Thedeen said on Thursday.
"We have somewhat elevated inflation but we expect it to come down during the course of the year," Thedeen told Reuters on the sideline of a conference.
"The April inflation figures confirmed that view," he said.
Consumer prices in Sweden, measured with a fixed interest rate, were up 2.3 percent in April from the same month last year, data showed last week. The Riksbank targets 2% inflation.
The Riksbank held its policy rate at 2.25% this month but said a combination of lower growth and easing inflationary pressure might lead them to cut rates later this year.
Thedeen also said that the financial systems have handled turbulence related to trade tariffs well.
(Reporting by Johan Ahlander, editing by Anna Ringstrom and Niklas Pollard)
The Riksbank expects somewhat elevated inflation to come down during the course of the year.
Consumer prices in Sweden were up 2.3 percent in April from the same month last year, while the Riksbank targets 2% inflation.
The Riksbank held its policy rate at 2.25% this month.
The Riksbank indicated that a combination of lower growth and easing inflationary pressure might lead them to cut rates later this year.
Thedeen noted that the financial systems have handled turbulence related to trade tariffs well.
Explore more articles in the Headlines category
