2026-08-25

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Minutes from the Monetary Policy Meeting on August 19, 2026

The Riksbank's Executive Board decided to keep the policy rate unchanged at 1.75 percent at its August 19, 2026 meeting. This decision was made despite ongoing geopolitical tensions, supply chain disruptions, and a stronger-than-expected domestic economy. The Board noted that the underlying inflation, when excluding the direct effects of temporary fiscal measures, remains below the 2 percent target. The probability of a policy rate increase later in the year persists, with some members indicating a potential need for a hike in the autumn.

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