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Banks Criticized for Cautious Mortgage Rate Cuts
Business News

Banks Criticized for Cautious Mortgage Rate Cuts

Several major banks have lowered their mortgage rates – but not as much as the Swedish Central Bank's reduction. According to savings economist Christina Sahlberg, the banks have been unusually cautious
Major Banks Reduce Variable Mortgage Interest Rates
Business News

Major Banks Reduce Variable Mortgage Interest Rates

Handelsbanken and Danske Bank are joining other major banks and lowering the variable mortgage interest rate.
Major Banks Reduce Variable Mortgage Rates by 0.20 Points
Business News

Major Banks Reduce Variable Mortgage Rates by 0.20 Points

Major banks Nordea, Swedbank and SEB are lowering their variable mortgage rates by 0. 20 percentage points
Stockholm Stock Exchange Rises Slightly as H&M Shares Fall
Business News

Stockholm Stock Exchange Rises Slightly as H&M Shares Fall

The Stockholm stock exchange closed the trading week with a plus of 0. 1 percent
Swedbank Economist Criticizes Swedish Budget as Ineffective
Business NewsTop News

Swedbank Economist Criticizes Swedish Budget as Ineffective

The Tidö parties' budget initiative is larger than many had thought beforehand. The content is, however, far from what the Swedish economy needs, according to several assessors
Swedes Report Decreased Satisfaction with Banks This Year
Business News

Swedes Report Decreased Satisfaction with Banks This Year

Swedes' customer satisfaction with the banks has decreased over the past year, shows the Swedish Quality Index annual review.
Klarna's Stock Market Debut Attracts Swedish Small Investors
Business NewsTop News

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna was listed on the New York stock exchange on Wednesday. According to the online banks Avanza and Nordnet, there was a great interest among Swedish small investors for the share on the first trading day
Food Prices Drop for First Time This Year in Sweden
Business NewsTop News

Food Prices Drop for First Time This Year in Sweden

For the first time this year, food prices are now falling. A decline in inflation also gives the Swedish Central Bank further room to lower the interest rate, according to assessors
Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises
Business News

Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises

The Stockholm stock exchange began the trading week with an upturn. The OMXS index closed 0
US SEC Ends Swedbank Investigation Without Action
Business News

US SEC Ends Swedbank Investigation Without Action

The American financial supervisory authority SEC has concluded its investigation of Swedbank without action, the bank writes in a press release.
Skandiabanken Offers Lowest Mortgage Rates in August
Business News

Skandiabanken Offers Lowest Mortgage Rates in August

The average interest rate for variable-rate mortgages was 2. 85 percent in August, shows a review from the comparison service Zmarta
Food Chains in Sweden Promise Price Cuts with VAT Reduction
Business NewsTop News

Food Chains in Sweden Promise Price Cuts with VAT Reduction

Food chains promise price reductions as large as the reduced VAT. Coop will reduce prices corresponding to the VAT reduction, says Anders Torell, CEO Coop Sweden
Interest Rate Cuts Possible Despite Rising Inflation in Sweden
Business NewsTop News

Interest Rate Cuts Possible Despite Rising Inflation in Sweden

Inflation in August rose to 3. 3 percent according to the KPIF measure
Swish Payment Issues Resolved for Swedbank and Länsförsäkringar Customers
Sweden News

Swish Payment Issues Resolved for Swedbank and Länsförsäkringar Customers

Swedish Service Sector Sees Fragile Recovery in August
Business News

Swedish Service Sector Sees Fragile Recovery in August

The Swedish service sector is recovering again in August after having declined in July.
Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast
Business News

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast

Danske 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
Stockholm Stock Exchange Sees Slight September Uptick
Business News

Stockholm Stock Exchange Sees Slight September Uptick

The Stockholm stock exchange started September slightly up. The broad OMXS index closed at 0
Swedish Industry Temperature Rises in August with PMI at 55.3
Business News

Swedish Industry Temperature Rises in August with PMI at 55.3

Temperature in the Swedish industry rose in August.
Sweden Can Afford Economic Investments Says Swedbank Economist
Business News

Sweden Can Afford Economic Investments Says Swedbank Economist

Several assessors agree that substantial investments may be needed to stimulate the economy. Sweden absolutely has the means for this, says Swedbank's chief economist Mattias Persson who thinks it is good that the government is investing to get out of the recession
Telia and Nordea Shares Decline on Stockholm Stock Exchange
Business News

Telia and Nordea Shares Decline on Stockholm Stock Exchange

The Stockholm stock exchange fluctuated around zero in Thursday's trading, and at the close the broad OMXS index had fallen 0,2 percent.
Large Budget Initiatives Expected in Next Year's Swedish State Budget
Business NewsTop News

Large Budget Initiatives Expected in Next Year's Swedish State Budget

The Government is expected to strike with historically large initiatives in the state budget for next year, according to a number of experts. Finance Minister Elisabeth Svantesson (The Moderate Party) has raised expectations by talking about "decent stimuli" ahead of Thursday's announcement
Nordea Predicts No Interest Rate Cuts in Sweden This Year
Business News

Nordea Predicts No Interest Rate Cuts in Sweden This Year

Excessively high inflation means that the Swedish Central Banken will not be able to lower the interest rate – neither this year nor next year – according to the economists of the major bank Nordea. "Fiscal policy will instead have to handle a weak economy", they write in a fresh interest rate forecast
Swedbank Forecasts Boost to Swedish Household Finances
Business News

Swedbank Forecasts Boost to Swedish Household Finances

Increased child benefits, reduced taxes and two interest rate cuts. Swedbank's economists expect substantial contributions to the household budget, both from the Swedish Central Bank and the government
Ousted Fed Member Lisa Cook Sues Trump Over Firing
Business News

Ousted Fed Member Lisa Cook Sues Trump Over Firing

USA's president Donald Trump states that he has fired Federal Reserve member Lisa Cook. The message is a clear escalation in Trump's fight against the central bank
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