In a single state interest policy has its own unique structure. The main instruments of interest policy of the central bank are the basic refinancing rate and the rate of transactions in the financial market. The refinancing rate during the evolution of the monetary system has become more performance indicators, giving the economy a landmark value of the national currency in the medium term. Although, of course, can not deny the fact that the refinancing rate has a significant influence on the level of interest in the economy.

Interest rates on central bank operations in the financial market (hereinafter - the rate of Operations) - operational tool of interest policy. For him the bank conducts transactions in the financial market, refinance and

Executive Board has decided to leave the repo rate unchanged at 0.25 percent. At the same time are now assessing the economic recovery rests on firmer ground, and that therefore there is reason to raise interest rates slightly earlier than the assessment in December. The repo rate is expected to increase from summer or early autumn. Cyclical upturn on firmer ground The upturn in the economy has gradually become more and more clear. Growth in the world has been slightly higher. In Sweden, inflation has risen in recent months and developments in the labor market does not look to be as weak as in previous assessments. While the situation in financial markets has been steadily improving. (more...)