Swedish experiences of monetary policy with an inflation target

1
Swedish experiences of monetary policy with an
inflation target

• Governor Stefan Ingves

2
Inflation and growthAnnual percentage change
Sources Statistics Sweden and the Riksbank
3
CPI inflation, underlying inflation (UND1X) and
tolerance limitsAnnual percentage change
Sources Statistics Sweden and the Riksbank
4
Inflation and inflation expectationsAnnual
percentage change
Sources Prospera Research AB and Statistics
Sweden
5
Implied forward rates Per cent
Source The Riksbank
Note. Implied forward rates are calculated as a
15-day average
6
Inflation - UND1XAnnual percentage change
Sources Statistics Sweden and the Riksbank
7
GDP, SwedenAnnual percentage change
Sources Statistics Sweden and the Riksbank
Note. Broken lines represent the Riksbanks
forecasts