Sveriges Riksbank

09/21/2021 | Press release | Distributed by Public on 09/21/2021 01:36

Monetary policy decision: Zero interest rate and asset purchases for inflation more lastingly close to 2 per cent

As an increasing number of people have been vaccinated, and restrictions around the world have been eased, global growth has risen, supported by economic policy. However, in many poorer countries with little access to vaccines, the pandemic is still very problematic. Rising global demand and transport problems have led to consumer prices increasing at a fast pace in several areas. However, the price upturns are assessed to be largely temporary. When growth enters a calmer phase, the bottlenecks are expected to resolve and inflation to slow down.