SwedenLivingWorldBusinessSportsEntertainment

European Central Bank

EU votes on future euro banknotes, with da Vinci and stork among designs
Business News

EU votes on future euro banknotes, with da Vinci and stork among designs

The ECB has presented ten final designs for the future of euro banknotes. For the first time, European citizens will be able to choose the design of the currency themselves through a public vote, Euronews reports
ECB pauses interest rate hikes, leaves deposit rate unchanged at 2.25%
Business News

ECB pauses interest rate hikes, leaves deposit rate unchanged at 2.25%

The European Central Bank (ECB) is taking a break from interest rate hikes and leaving its key interest rates unchanged. The important so-called deposit rate will remain at 2
German 10-Year Bond Yield Hits Highest Level Since 2011 as Rate Expectations Rise
Business News

German 10-Year Bond Yield Hits Highest Level Since 2011 as Rate Expectations Rise

Inflation concerns in the wake of higher energy prices - as a result of the Iran war - are pushing up market interest rates around the world. In Germany, the yield on ten-year government bonds has risen to 3
ECB Interest Rate Decision Looms as Hormuz Tensions Put Pressure on Inflation Outlook
Business News

ECB Interest Rate Decision Looms as Hormuz Tensions Put Pressure on Inflation Outlook

The European Central Bank (ECB) will release its interest rate decision on Thursday. High energy prices in the euro area are putting heavy pressure on the bank, while the Swedish Riksbank is in a significantly calmer position
Germany’s inflation falls to 2.4% in June, second estimate confirms
Business News

Germany’s inflation falls to 2.4% in June, second estimate confirms

Inflation in Germany fell to 2. 4 percent in June, down from 2
Falling eurozone inflation lowers odds of ECB and Riksbank rate hikes
Business News

Falling eurozone inflation lowers odds of ECB and Riksbank rate hikes

Good news for highly leveraged households and businesses. Inflation in the eurozone's major economies is falling more than expected
Crisis support is affecting inflation figures
Business News

Crisis support is affecting inflation figures

The inflation figures published by Statistics Sweden in April and May must be adjusted by the Swedish Central Bank if the Executive Board is to be able to make the right monetary policy decisions. The halving of food VAT and cuts to fuel taxes are affecting the figures
ECB raises interest rates, raises inflation forecast
Business News

ECB raises interest rates, raises inflation forecast

The ECB is raising its key interest rate by 0. 25 percentage points, bringing the key deposit rate to 2
Higher costs threaten Swedish households this autumn
Business News

Higher costs threaten Swedish households this autumn

Swedish households are at risk of facing more expensive mortgages in addition to higher electricity and fuel prices this autumn. A step toward that could come on Thursday, when the European Central Bank (ECB) may increase pressure on the Swedish Central Bank to raise interest rates
ECB expected to raise interest rates twice this year
Business News

ECB expected to raise interest rates twice this year

The European Central Bank (ECB) will raise interest rates twice this year in the wake of upward pressure on consumer prices resulting from the war in Iran, according to a recent Bloomberg survey of experts.
Eurozone inflation expectations slightly lower in April
Business News

Eurozone inflation expectations slightly lower in April

Inflation expectations among consumers in the eurozone fell slightly in April, according to a recent survey by the European Central Bank (ECB), easing some pressure on the ECB to raise its key interest rate.
ECB policymaker Isabel Schnabel wants to raise key interest rate in June
Business News

ECB policymaker Isabel Schnabel wants to raise key interest rate in June

The European Central Bank (ECB) should raise its key interest rate at its next meeting on June 11, even if the conflict in the Middle East is resolved quickly, according to ECB policymaker Isabel Schnabel.
Eurozone inflation expectations rise faster than expected
Business News

Eurozone inflation expectations rise faster than expected

Inflation expectations in the eurozone are rising faster than expected, according to a survey conducted by the European Central Bank (ECB) in March.
Nordea does not expect interest rate hikes this year
Business News

Nordea does not expect interest rate hikes this year

The Swedish Central Bank is expected to leave the key interest rate unchanged until next year, despite the energy price shock and uncertainty surrounding the war in Iran, according to a mortgage-rate forecast by Nordea chief economist Annika Winsth. "However, it is wise to be humble and take into account both higher inflation and interest rates," she adds
Eurozone companies plan price hikes after war in Iran, ECB survey shows
Business News

Eurozone companies plan price hikes after war in Iran, ECB survey shows

Companies in the eurozone are expecting higher selling prices and input costs as a result of the war in Iran, according to a survey conducted by the European Central Bank (ECB).
The bank is turning around and believes in fewer interest rate increases
Business News

The bank is turning around and believes in fewer interest rate increases

Danske Bank is lowering its forecast for the number of interest rate hikes from the Swedish Central Bank.
Unexpectedly low inflation - a blow to the Swedish krona
Business NewsTop News

Unexpectedly low inflation - a blow to the Swedish krona

The krona is taking a real beating, and Swedish market interest rates are being pushed down after an unexpectedly low inflation figure for March. The Swedish Central Bank has plenty of room to wait, says Torbjörn Isaksson, chief analyst at Nordea, regarding the likelihood of interest-rate hikes due to inflation this year
LO says no increased wage demands if prices rise
Business NewsTop News

LO says no increased wage demands if prices rise

Even if prices skyrocket, the unions will not demand extra compensation. With this statement, LO's chief economist Torbjörn Hållö hopes to persuade the Swedish Central Bank to ease up on future interest-rate increases
German inflation rises to 2.7 percent in March, driven by soaring energy costs
Business News

German inflation rises to 2.7 percent in March, driven by soaring energy costs

German inflation has accelerated to its highest level in over a year, driven primarily by rising energy costs.
Spain's inflation rises to 3.3 percent in March
Business News

Spain's inflation rises to 3.3 percent in March

Inflation in Spain rose to 3. 3 percent in March, according to preliminary EU-harmonized figures from the eurozone's fourth-largest economy
ECB leaves interest rates unchanged as outlook uncertain
Business News

ECB leaves interest rates unchanged as outlook uncertain

The European Central Bank (ECB) is leaving its key interest rates unchanged, with the main deposit rate at 2 percent.
ECB top official signals interest rate hike as war in Iran pushes up energy and transportation costs
Business News

ECB top official signals interest rate hike as war in Iran pushes up energy and transportation costs

The effects of the war in Iran on inflation, via sharp increases in energy prices and transportation costs, may force the European Central Bank (ECB) to raise its key interest rate faster than expected, according to Peter Kazimir, a Slovak member of the ECB's executive board.
Markets expect ECB interest rate hike this year
Business News

Markets expect ECB interest rate hike this year

Traders in the fixed-income market expect that the European Central Bank (ECB) will have to tighten monetary policy this year to curb inflation.
The leaders at the castle: How the EU will become stronger
Sweden News

The leaders at the castle: How the EU will become stronger

How can the EU stand firm in a world of offensive actions and threats from the East and the West? This question is the focus as Council President António Costa gathers EU heads of state and government for a "reflection meeting" at a Belgian castle.
Show Consent Options

Categories

Information

Sweden Herald

  • Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
  • © Sweden Herald