Riksbank Raises Policy Rate by 0.25 Percentage Points to 2 Per Cent Amid Rising Inflation Outlook

Riksbank Decision

Sveriges Riksbank announced on 4 November 2026 that its Executive Board has decided to raise the policy rate by 0.25 percentage points to 2 per cent.

Reasons Behind the Move

According to the Riksbank, stronger economic activity combined with cost increases stemming from supply disruptions mean that inflation is expected to continue rising going forward. The Executive Board cited this outlook as the basis for the rate increase.

Outlook for Further Hikes

The central bank indicated that, if the outlook for inflation and economic activity holds, it is likely that the policy rate will be raised further in the coming year. This would be in line with the policy rate forecast published in September. The announcement does not specify the timing or size of any future adjustments, so market participants will likely watch upcoming communications and data for additional signals.

Notes for EA trading

Monetary policy announcements can trigger sharp, short-lived moves in currency pairs, particularly those involving the Swedish krona. Spreads may widen and liquidity can thin around the release, which can affect how automated strategies execute. Traders running EAs may wish to consider pausing them or reviewing their risk settings around major central bank announcements.