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The Riksbank

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The Riksbank, founded in 1668, is the world’s oldest central bank, crucial for Sweden's monetary policy. Established to ensure price stability, it targets a low and stable inflation rate of 2%. With an independent status since 1999, the Riksbank’s monetary policy aims to avoid high and variable inflation, which complicates long-term planning and increases uncertainty and borrowing costs. The executive board, led by Stefan Ingves, oversees these tasks, which include managing the payment system and implementing financial forecasts.

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The Riksbank

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  1. The Riksbank The central bank of Sweden

  2. History World´soldest central bank. Founded in 1668 1933 Price stabilty by usingmonetary policy 1968 Alfred Nobel 1999 Independent status

  3. Tasks -Pricestability Low and stable inflation rate Inflation target 2% Payment system

  4. How? Monetary policy Time lag Forecasts

  5. Why? Awoid high and variable inflation Makes long term planningmoredifficult Greater uncertainty and higherborrowingcosts Affects the use of resources

  6. The executive board -Stefan Ingves

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