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Central Bank Economist: Central Bank Cuts Interest Rate Too Late
Business News

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

Good, but too late, is the comment of trade union economist Tobias Brännemo on the Swedish Central Bank's interest rate decision. That such a large reduction is coming now is a clear sign that the Swedish Central Bank realizes that they lowered too little earlier
Inflation upswing does not threaten interest rate cuts
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Inflation upswing does not threaten interest rate cuts

Inflation, according to the measure KPIF, rose in October to 1. 5 percent
The Banks' New Grip in the Battle for Mortgage Customers
Business News

The Banks' New Grip in the Battle for Mortgage Customers

When the Swedish Central Bank is expected to lower the interest rate this week, some banks have already gone ahead and adjusted their rates downwards – "a new grip" according to savings economist Christina Sahlberg at Compricer.
Largest Interest Rate Cut in Ten Years Expected
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Largest Interest Rate Cut in Ten Years Expected

Everything points to the Swedish Central Bank making a double cut in the interest rate on Thursday. It would be the largest interest rate cut in over ten years
Nordea's services are working again after attack
Business News

Nordea's services are working again after attack

Major Banks' Profits Increase Again
Business News

Major Banks' Profits Increase Again

The major banks' profits are increasing despite the lower interest rates. When the profitability of mortgage loans is squeezed, the banks find other revenue streams
Better than expected for Handelsbanken
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Better than expected for Handelsbanken

Handelsbanken exceeds market expectations in its latest interim report. Both the profit and revenues were higher than expected
More Swedes have better housing economy
Business News

More Swedes have better housing economy

Volvo CEO predicts stability in 2025
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Volvo CEO predicts stability in 2025

The truck manufacturer Volvo is reporting a worse result than expected, but the stock price is holding steady. The low-conjuncture has taken hold, but Volvo's CEO is counting on a decent 2025
Nordea's CEO sees positive signals
Business News

Nordea's CEO sees positive signals

The major bank Nordea's share price surges significantly on the stock exchange following unexpectedly strong figures in the report for the third quarter. CEO Frank Vang-Jensen sees plenty of positive signals in Sweden – and the Nordic region
Nordea pulls the Stockholm stock exchange upwards
Business News

Nordea pulls the Stockholm stock exchange upwards

The Stockholm stock exchange rose slightly on Thursday. The broad OMXS index closed at 0
Decreased profit for Nordea – but better than expected
Business News

Decreased profit for Nordea – but better than expected

Net interest income and profit are being pushed down for Helsinki-based major bank Nordea, but not as much as feared. Business volumes are stable and customer activity is good, according to CEO Frank Vang-Jensen
These are the risks on the stock market right now
Business News

These are the risks on the stock market right now

It looks shaky ahead of the reporting season, which kicks off this week. The German automotive industry has set the tone with a series of profit warnings
Decline on the Stockholm Stock Exchange – Saab plummeted
Business News

Decline on the Stockholm Stock Exchange – Saab plummeted

The Stockholm Stock Exchange turned downward on Thursday and at the close, the OMXS index stood at minus 1. 11 percent
After several hours of downtime: Nordea's problem solved
Business News

After several hours of downtime: Nordea's problem solved

Nordea's customers could not log in, make Swish payments or pay by card for several hours on Tuesday.
Lowest Inflation in Almost Five Years
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Lowest Inflation in Almost Five Years

Inflation fell to 1. 1 per cent in September according to preliminary figures from Statistics Sweden (SCB)
Despite Stock Market Rally – Great Uncertainty Surrounding China
Business News

Despite Stock Market Rally – Great Uncertainty Surrounding China

China's stock exchanges are soaring after the latest stimulus measures. However, it is highly uncertain whether this is the turnaround for the world's second-largest economy
Fake Swish - how to avoid being scammed
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Fake Swish - how to avoid being scammed

Reports of fake Swish apps are emerging in several locations around the country. They are difficult to stop and it's easy to get deceived in stressful situations
Nordea's problem solved
Business News

Nordea's problem solved

Your savings rate is back to zero again
Business News

Your savings rate is back to zero again

It was small, and now it's back to zero again - the interest rate on major banks' salary accounts. Move your money, advises the central bank governor
Why the Central Bank didn't cut rates by 0.50 percentage points just yet
Business News

Why the Central Bank didn't cut rates by 0.50 percentage points just yet

The Swedish Central Bank had not signaled. Therefore, there was no double rate cut just yet, but it will come later, believe analysts
Upwards on the stock market after interest rate cut
Business News

Upwards on the stock market after interest rate cut

The Stockholm Stock Exchange rose after the Swedish Central Bank's third interest rate cut this year and the possibility of a so-called double cut later in the autumn. The broad OMXS index gained 0
Despite the interest rate cut - a fixed mortgage rate "isn't wrong"
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Despite the interest rate cut - a fixed mortgage rate "isn't wrong"

Despite today's expected interest rate cut and a continued low interest rate ahead – the calculations show that a fixed interest rate can be advantageous in the current situation. If you only look at the cost, it's not obviously wrong to perhaps choose a fixed rate for three, four, or five years, says SBAB's chief economist Robert Boije
Variable Mortgage Rates Fall Ahead of Riksbank's Decision
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Variable Mortgage Rates Fall Ahead of Riksbank's Decision

The state-owned mortgage bank SBAB and Länsförsäkringar are lowering the interest rate on mortgages with a three-month term by 0. 20 percentage points
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