SwedenLivingWorldBusinessSportsEntertainment

European Central Bank

Lagarde fuels speculation over possible run in France’s 2027 presidential race
Business News

Lagarde fuels speculation over possible run in France’s 2027 presidential race

Speculation that Christine Lagarde, head of the European Central Bank (ECB), will resign early to enter the French presidential election in 2027 has been fueled by a speech at an apple festival in Normandy this weekend that is being singled out as a typical campaign rally.
ECB raises key rate, keeps door open for more hikes
Business News

ECB raises key rate, keeps door open for more hikes

The European Central Bank (ECB) is raising its key interest rate by 0. 25 percentage points, as expected, and is keeping the door open for more hikes
ECB signal and US inflation could push up Swedish mortgage rates
Business News

ECB signal and US inflation could push up Swedish mortgage rates

Clear signals of future interest rate hikes from the European Central Bank (ECB) or an unexpectedly high US inflation figure could eventually push up mortgage rates in Sweden. A first step could be for the Swedish Central Bank, in two weeks, to signal an interest rate hike later this year
Lower-than-expected August inflation closes the door to a September Riksbank rate hike, SEB says
Business NewsTop News

Lower-than-expected August inflation closes the door to a September Riksbank rate hike, SEB says

Inflation in August came in lower than expected. This now completely closes the door to a possible interest rate hike in September, according to SEB senior economist Robert Bergqvist
Eurozone inflation hits three-year high, raising expectations of another rate hike
Business News

Eurozone inflation hits three-year high, raising expectations of another rate hike

Eurozone inflation rose to 3. 3 percent in August
German inflation rises to highest level since last spring as ECB rate hike bets grow
Business News

German inflation rises to highest level since last spring as ECB rate hike bets grow

German inflation is now rising to its highest level since last spring. The likelihood of an interest rate hike by the European Central Bank (ECB) is now growing
Major Swedish and European banks to launch euro stablecoin this year
Business News

Major Swedish and European banks to launch euro stablecoin this year

The moment you sell your car or boat, the money is in your account. Major banks in Sweden and Europe will launch a digital currency later this year that will make lightning-fast transactions possible
Strong growth raises risk of Swedish central bank rate hike this year
Business News

Strong growth raises risk of Swedish central bank rate hike this year

Strong GDP figures, positive household sentiment and a buoyant economy increase the risk that the Swedish Central Bank will raise the key interest rate already this year, according to Nordea. State-owned SBAB, in turn, predicts a hike in the key interest rate in November this year
French inflation rises to 2.7% in August, above forecast
Business News

French inflation rises to 2.7% in August, above forecast

Preliminary estimates show that inflation in France rose to 2. 7 percent in August, up from 2
ECB’s Schnabel calls for more rate hikes as inflation pressures build
Business News

ECB’s Schnabel calls for more rate hikes as inflation pressures build

German ECB policymaker Isabel Schnabel wants to see interest rate hikes to dampen inflationary pressures from the Iran war and unexpectedly strong economic performance in the eurozone.
Euro banknotes in circulation rise as war, wildfires and cyberattack fears grow
Business News

Euro banknotes in circulation rise as war, wildfires and cyberattack fears grow

Concerns about war, wildfires, cyberattacks and other unforeseen events have led to an increase in cash in the eurozone.
SEB: Riksbank unlikely to raise rates soon after July inflation figures
Business News

SEB: Riksbank unlikely to raise rates soon after July inflation figures

An interest rate hike from the Swedish Central Bank is still not an option in the near future. That is the assessment made by SEB chief economist Jens Magnusson after July's inflation figures were now confirmed
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.
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