Anna Seim: Well-positioned in a changing world
Presentation The abrupt shifts in trade and security policies are creating great uncertainty and challenging decision-makers around the world. In Sweden, we have a good starting position and are well placed to deal with this changing environment. These comments were made by Deputy Governor Anna Seim, speaking about the economic situation at the DI Risk & Return conference in Stockholm.
Date: 10/04/2025 09:00
Speaker: Deputy Governor Anna Seim
Place: DI Risk & Return, Stockholm
Anna Seim, deputy governor.
“Swedish inflation has been close to the target for some time, and long-term inflation expectations are anchored close to 2 per cent. Economic activity showed increasingly clear signs of a rebound towards the end of 2024 and over the past year we have cut the policy rate to what can be regarded as a neutral level. Moreover, in Sweden we have stable economic-policy frameworks and strong public finances. All this puts us in a favourable position that many other countries lack,” said Ms Seim.
The US administration's announcement of increased tariffs has led to strong reactions on financial markets in recent days.
“Many of the details regarding trade policy are still unclear. But the uncertainty that this creates risks throwing a wet blanket over the world economy. It makes it unusually difficult to assess developments in economic activity and inflation also in Sweden. We are vigilant and ready to act if developments so require,” said Ms Seim.
“In these turbulent times, where the range of outcomes has expanded markedly in a short period of time, the Riksbank can best contribute by pursuing a well-balanced and robust monetary policy to ensure that inflation stabilises at 2 per cent in the medium term. And we are in a strong position to do so,” concluded Anna Seim.