🇸🇪 Sweden
2 hours ago
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Business

Sweden's Riksbank Keeps Rate at 2.5% as Inflation Cools

By Amira Hassan

In brief

The Riksbank held its repo rate at 2.5% during its April 2026 meeting, maintaining steady policy after previous cuts. Inflation is at 1.8% with weak GDP growth. Governor Thedéen will hold a press conference at 11:00.

  • - Location: Sweden
  • - Category: Business
  • - Published: 2 hours ago
Sweden's Riksbank Keeps Rate at 2.5% as Inflation Cools

Illustration

Sweden's central bank, the Riksbank, announced its latest repo rate decision on April 29, 2026. The bank is holding its key interest rate steady at 2.5%. This decision follows a series of previous cuts, with the most recent reduction occurring in March.

Markets had widely expected no change in the rate. Inflation currently stands at 1.8%, which is below the Riksbank's target. At the same time, GDP growth remains weak. Analysts predict the rate will stay at 2.5% given these economic conditions. The central bank's monetary policy meeting was scheduled for this date.

The official decision will be announced at 09:30 CET. Shortly after the release, search interest for the decision surges immediately. Governor Erik Thedéen will hold a press conference at 11:00 to discuss the bank's reasoning. The Riksbank last cut its rate in March before today's hold.

For Swedish startups and the Stockholm business district, the steady rate offers some predictability. With Nordic fintech news focused on borrowing costs, the 2.5% level could influence venture capital activity and investment strategies across Sweden's innovation hub. The rate decision comes as the broader economy navigates low inflation and sluggish growth.

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Published: April 29, 2026

Tags: Sweden Riksbankrepo rateinterest rateinflationSwedish startupsNordic fintech newsStockholm business districtventure capital

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