Banks › Sveriges Riksbank › History › 7 May 2026
Sveriges Riksbank: decision of 7 May 2026
The Riksbank's Executive Board left the policy rate unchanged at 1.75%.
Decision
hold
- Rate
- 1.75%=1.75%
- Change
- 0 bp
- Announced
Sources
- Statement
- riksbank.se/en-gb/press-and-published/not…
- Minutes
- riksbank.se/globalassets/media/dagordning…
- Monetary Policy Update
- riksbank.se/globalassets/media/rapporter/…
- Recorded
- 7 May 2026
- Data
- JSON
What the bank said
The Executive Board said the risk that the war in the Middle East would lead to higher inflation had increased somewhat.
It said inflation was below target, recent outcomes had been clearly lower than its March forecast, and growth had been weaker than expected at the start of the year.
It concluded that this gave scope to wait for a clearer picture of the effects of the war and the supply shocks it entails.
Guidance. The Riksbank said it would need to raise the policy rate if the war were assessed to have large global effects and lead to a broad and persistent upturn in inflation.
“The current level of the policy rate gives the Riksbank a good initial position to adjust monetary policy if required to safeguard the inflation target.”
Before and after
- Previous decision: 19 Mar 2026, held the policy rate at 1.75%.
- Next decision: 17 Jun 2026, held the policy rate at 1.75%.
- All Sveriges Riksbank decisions and the rate history