Svantesson Dismisses Inflation Fears Over Costly Election Promises
Finance Minister Elisabeth Svantesson (M) downplays warnings that costly election promises risk fuelling inflation.
BusinessFinance Minister Elisabeth Svantesson (M) downplays warnings that costly election promises risk fuelling inflation.
BusinessA significant interest rate hike threatens to drain households’ wallets in the coming year. Generous election promises combined with the effects of the Iran war could force the Swedish Central Bank to tighten. State-owned SBAB now believes in two interest rate hikes already this year.
BusinessA new wave of AI mania is sweeping global markets. Huge investments, circular financing and Chinese competition are shaking stock markets around the world. Risk-averse Swedish small savers are being urged to be on their guard.
BusinessU.S. macroeconomic data gave investors a big jolt on Friday - many investors frantically hammered the sell buttons. Was the decline a minor cooling of a red-hot stock market or the beginning of a larger downturn? It is reasonable that the stock markets in Europe will fall at the opening on Monday, says SEB senior economist Robert Bergqvist.
BusinessThe Wallenbergs' bank SEB reported an operating profit of SEK 9.4 billion for the first quarter, 5 percent lower than a year earlier.
BusinessSwedish households do not believe the government's VAT reduction on food will lead to cheaper food, according to a survey commissioned by the bank SEB. Halving the food VAT is not a life-changing situation, says SEB's private economist Américo Fernández.
BusinessMajor bank SEB is now following other lenders and raising fixed mortgage rates.
Business92,000 jobs were lost outside the agricultural sector in the United States in February, according to a report from the U.S. Labor Department.
BusinessThe dramatic developments in the Middle East this weekend, with attacks by the US and Israel on Iran, are shaking markets. Oil prices are expected to rise significantly, and the first signs of concern were already visible in Sunday's trading on Arab stock exchanges.
BusinessThe Stockholm Stock Exchange closed in positive territory on Wednesday. The broad OMXS index rose 0.2 percent.
BusinessDonald Trump is threatening tariffs on anyone who does not support the US's plans to take over Greenland. This could be the final straw for the rest of the world - and make the trade war global, warns Robert Bergqvist, senior economist at SEB.
BusinessFor the first time in a year, households' average monthly savings are decreasing, SEB's savings poll shows.
BusinessTariff chaos and trade wars. A turbulent 2025 is coming to an end. But Trump's first year has not been as bad as many feared. Economists are optimistic about the future.
BusinessThis year's Christmas dinner is slightly cheaper than last year, according to a compilation from SEB. But in five years, prices have skyrocketed.
BusinessThe net worth of Swedish households exceeded SEK 25 billion during the third quarter, which is a record high.
BusinessCryptocurrencies could be heading for their worst month since the June 2022 crash, Bloomberg reports. Bitcoin's price has plunged more than 30 percent since its record high in early October. There is a risk that stock markets could follow bitcoin's path by the end of the year, says Mike McGlone, a commodities strategist at Bloomberg.
BusinessConcerns about an AI bubble and the lack of interest rate cuts are currently characterizing the world's financial markets. Together, it makes for an unpleasant stock market cocktail. The market likes cheap money, says analyst Jon Arnell, who believes in Swedish stocks going forward.
BusinessThe European Central Bank (ECB) is not expected to adjust its interest rates at next week's meeting. The interest rates are likely to remain unchanged two years ahead in time, according to a majority of the economists in a survey made by Bloomberg.
BusinessSmall investor favorite Volvo Cars is soaring on the Stockholm stock exchange. This after major bank SEB has changed its stance on the stock and, among other things, assesses that there will not be a ban on Volvo cars in the USA.
BusinessEight people are suspected of serious insider crimes before the major bank SEB sold large holdings of EQT shares, according to the Economic Crime Authority (EBM) The Financial Supervisory Authority (FI) is simultaneously initiating an examination of SEB's work against insider trading.
BusinessLower or not. The Swedish Central Bank's decision is unusually uncertain this time. The answer is however of great importance for all Swedish households with mortgages.
BusinessDanske Bank expects the Swedish Central Bank to lower the interest rate once more this year. Despite the inflation being described as "too high" in a new economic trend report. But colleagues at Nordea do not believe in any cuts in the near future – instead expecting increases in 2027.
BusinessThe interest rate in the USA is left unchanged by the central bank Federal Reserve (Fed). The interest rate thus remains in the interval 4.25-4.50 per cent. There is so much happening now. Fed needs more time for consideration, says senior economist Robert Bergqvist at SEB.
BusinessThe Swedish Central Bank lowers the interest rate twice this year, starting in June, according to the actors on the interest market. The probability of this scenario is currently 94 percent in their pricing, shows a report from the major bank SEB's analysts.
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