Swedish experiences of monetary policy with an inflation target Governor Stefan Ingves.

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Presentation transcript:

Swedish experiences of monetary policy with an inflation target Governor Stefan Ingves

Inflation and growth Annual percentage change Sources: Statistics Sweden and the Riksbank

CPI inflation, underlying inflation (UND1X) and tolerance limits Annual percentage change Sources: Statistics Sweden and the Riksbank

Inflation and inflation expectations Annual percentage change Sources: Prospera Research AB and Statistics Sweden

Implied forward rates Per cent Source: The Riksbank Note. Implied forward rates are calculated as a 15-day average

Inflation - UND1X Annual percentage change Sources: Statistics Sweden and the Riksbank

GDP, Sweden Annual percentage change Sources: Statistics Sweden and the Riksbank Note. Broken lines represent the Riksbank’s forecasts