Sveriges Riksbank β Monetary Policy Report, Dec 2024
Summary
The Sveriges Riksbank regularly provides reports on monetary policy operations to the Riksdag Committee on Finance, as per the Sveriges Riksbank Act.
These reports are essential for assessing monetary policy decisions and are detailed in the Monetary Policy Reports and Updates. Published four times a year, the Monetary Policy Report summarizes the basis and reasoning behind the Riksbank's monetary policy decisions. The Riksbank's main goal is to maintain low and stable inflation, with a target of 2 percent for the annual change in the consumer price index. The bank also aims to contribute to a balanced development of production and employment while maintaining flexibility in inflation targeting. The Riksbank uses the policy rate as its main monetary tool, but may employ other measures when necessary. Clear communication and transparency are priorities for the Riksbank to facilitate sound economic decisions and evaluation of monetary policy. Monetary policy meetings are held regularly throughout the year, with detailed reports and updates issued to inform the public and stakeholders about the bank's decisions and considerations.
Region:
Global
Published:
December 2024
Author(s):
Sveriges Riksbank
Language:
English