Sweden's Riksbank Holds Its Policy Rate at 1.75% Again in August

• ▸Sweden's central bank left its policy rate unchanged at 1.75% at its August 20, 2026 meeting, extending a pause, after judging that both growth and inflation ran hotter over the summer than it had forecast in June.
• ▸The Riksbank's own language flagged a continued risk that underlying inflation runs too high, keeping the possibility of a rate increase later in 2026 on the table rather than signaling an extended hold.
• ▸The decision leaves Sweden's policy rate well below the European Central Bank's deposit rate, underscoring that Sweden — outside the eurozone — is weighing its own distinct growth and inflation picture.