US inflation rises to 3.7% in September, above forecasts as rate hike odds increase
Inflationary pressures are rising in the US economy. A Federal Reserve interest rate hike is now looking more likely, according to the market.
BusinessInflationary pressures are rising in the US economy. A Federal Reserve interest rate hike is now looking more likely, according to the market.
BusinessInflation fell sharply in July, preliminary figures from Statistics Sweden (SCB) show. The fact that inflation is now falling is largely due to tax cuts, says Susanne Spector, chief economist at Danske Bank. But the tax cuts are obscuring the picture, and several economists predict that inflation will pick up again this autumn.
BusinessThe Swedish economy is slowing, new GDP figures from Statistics Sweden show. I still interpret it as good figures. Sweden is in a recession, but in a recovery phase, says Alexandra Stråberg, chief economist at Länsförsäkringar, to TT.
BusinessUnemployment is falling and employment is back at peak levels. But there is one figure that points in a different direction - more and more people are “part-time unemployed”.
BusinessPackage holidays, car rentals and dental care contributed to pushing down inflation in January, figures from Statistics Sweden (SCB) show. If this trend continues downward, an interest rate cut from the Swedish Central Bank may be relevant, says Alexandra Stråberg, chief economist at Länsförsäkringar.
BusinessCheaper furniture, fuel and accommodation are pushing down inflation, according to new figures. Welcome news: low inflation means increased purchasing power for households, says Danske Bank's chief economist Susanne Spector.
BusinessInflation according to the CPIF measure fell to 2.3 percent in November, according to preliminary figures from Statistics Sweden. It's falling significantly, now we have low inflation in sight, says Länsförsäkringar's chief economist Alexandra Stråberg.
BusinessFor 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.
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