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US inflation steady at 3.4%, boosting bets on Fed rate hike next week
Business News

US inflation steady at 3.4%, boosting bets on Fed rate hike next week

US inflation, as measured by the CPI, was unchanged at 3. 4 percent in August
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
Wall Street falls as chip giants Qualcomm and Intel buck the trend
Business News

Wall Street falls as chip giants Qualcomm and Intel buck the trend

The leading indexes on Wall Street were in the red as the trading week got underway after Labor Day.
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
Strong jobs report sends Wall Street lower as rate hike bets rise
Business News

Strong jobs report sends Wall Street lower as rate hike bets rise

The New York stock markets closed broadly lower after unexpectedly strong new jobs figures.
Trump demands lower interest rates, threatens trade freeze over deficits
Business News

Trump demands lower interest rates, threatens trade freeze over deficits

The US central bank, the Fed, must lower its key interest rate, or the US will stop trading with countries with which it has a deficit. This is an ultimatum from President Donald Trump
Fed chief Warsh signals inflation concern, markets raise odds of September rate hike
Business News

Fed chief Warsh signals inflation concern, markets raise odds of September rate hike

The new US Federal Reserve Chairman Kevin Warsh says in his first major speech that inflation is too high and that measures may be necessary. The market's reaction is a sharply increased belief in a hike in the key interest rate in September
Kevin Warsh faces key Jackson Hole speech as pressure builds over Fed communication and US debt
Business News

Kevin Warsh faces key Jackson Hole speech as pressure builds over Fed communication and US debt

Being new on the job is not always easy. Just ask Kevin Warsh, who has drawn criticism from economists and is also under pressure from sky-high interest rates and a $40 trillion national debt
US says it stopped Chinese hacker attack on several agencies
World News

US says it stopped Chinese hacker attack on several agencies

The United States says it has stopped a Chinese hacker attack against several American agencies, Reuters reports.
US core inflation rises in line with forecasts, monthly price gains top expectations
Business News

US core inflation rises in line with forecasts, monthly price gains top expectations

Core inflation in the United States rose to 3. 3 percent in July, according to the so-called PCE measure
US labor market weakens as jobs fall by 23,000 in July, far below forecasts
Business News

US labor market weakens as jobs fall by 23,000 in July, far below forecasts

The number of jobs outside the agricultural sector in the United States fell by 23,000 in July, according to figures from the country's Labor Department. This was a significantly weaker result than expected
US economy slows as inflation eases and GDP growth misses forecasts
Business News

US economy slows as inflation eases and GDP growth misses forecasts

Inflationary pressures in the US are easing. However, there are now signs that the country's economy is performing worse than expected
Bank of England holds interest rate at 3.75% amid split decision
Business News

Bank of England holds interest rate at 3.75% amid split decision

Stockholm Stock Exchange rises as OMXS index closes up 0.4 percent
Business News

Stockholm Stock Exchange rises as OMXS index closes up 0.4 percent

The Stockholm Stock Exchange rose on Thursday. The OMXS index closed up 0
Skandia raises mortgage rates, and other banks may follow
Business News

Skandia raises mortgage rates, and other banks may follow

Skandia is raising several of its mortgage rates, the bank announces. Now several major banks are expected to follow suit
Fed holds rates steady as Warsh signals a shift in monetary policy
Business News

Fed holds rates steady as Warsh signals a shift in monetary policy

The US central bank is keeping its key interest rate unchanged and is not offering any surprises - this time. The Fed is playing it safe at a time of escalation in the Middle East and focus on AI companies, says Robert Bergqvist, senior economist at SEB
Wall Street falls after Fed leaves interest rates unchanged
Business News

Wall Street falls after Fed leaves interest rates unchanged

All three major Wall Street indexes closed sharply lower after the U. S
Divided Fed leaves US interest rate unchanged, but three members want hike
Business NewsTop News

Divided Fed leaves US interest rate unchanged, but three members want hike

The US Federal Reserve (Fed) once again leaves the US policy rate unchanged. However, the committee was not unanimous, and three members wanted to see an increase
Swedbank chief economist sees risk of Fed rate hike tonight
Business News

Swedbank chief economist sees risk of Fed rate hike tonight

A hawkish tone from the Fed chief, higher inflation risks and a closed door to market guidance. These are some of the reasons why there is a certain risk that the US central bank will raise the key interest rate as early as Wednesday evening, says Mattias Persson, chief economist at Swedbank
Fed official Lorie Logan calls for higher US interest rates at July 29 meeting
Business News

Fed official Lorie Logan calls for higher US interest rates at July 29 meeting

Lorie Logan - one of the Federal Reserve's (Fed) top decision-makers - wants the US interest rate raised at the Fed meeting on July 29.
Fed chief Kevin Warsh says there is zero tolerance for high inflation
Business News

Fed chief Kevin Warsh says there is zero tolerance for high inflation

The US central bank has zero tolerance for persistently high inflation, says the Federal Reserve's new head, Kevin Warsh.
Fed's Waller says US rate hike possible if inflation keeps rising
Business News

Fed's Waller says US rate hike possible if inflation keeps rising

Christopher Waller, a member of the Federal Reserve (Fed) board, says there could be a key interest rate hike in the US if inflation continues to trend upward.
Supreme Court blocks Trump from firing Federal Reserve governor Lisa Cook
Business News

Supreme Court blocks Trump from firing Federal Reserve governor Lisa Cook

The US Supreme Court has ruled that President Donald Trump does not have the right to immediately fire Federal Reserve governor Lisa Cook.
Stock market rush drains Swedes' travel funds
Business News

Stock market rush drains Swedes' travel funds

Swedes' travel budgets are shrinking due to this year's weakening of the krona. That's partly because of an unexpectedly resilient US economy, but also the AI sector's huge price gains on Wall Street, according to SEB economist Robert Bergqvist
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