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Annika Winsth

Annika Winsth

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
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
Large Budget Initiatives Expected in Next Year's Swedish State Budget
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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
Swedish Central Bank Holds Interest Rate Steady, Hints at Possible Cut
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Swedish Central Bank Holds Interest Rate Steady, Hints at Possible Cut

The Swedish Central Bank leaves the interest rate unchanged but keeps the door open for a reduction this year. Economists are however uncertain that it will become reality
High Hopes Unmet in Trump-Putin Meeting, Experts Predict Neutral Market Reaction
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High Hopes Unmet in Trump-Putin Meeting, Experts Predict Neutral Market Reaction

Neutral market reactions are to be expected after the meeting between Trump and Putin, according to experts. There were high expectations ahead of this meeting that were not fulfilled
EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists
Business News

EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists

The customs agreement between the EU and the USA will calm the market but the uncertainty will remain, believes SEB's senior economist Robert Bergqvist. I think there has been a tremendous pressure from the EU's 27 countries to pull away this wet blanket
Nordea Economist Criticizes Government's Pessimistic Economic Outlook
Sweden NewsTop News

Nordea Economist Criticizes Government's Pessimistic Economic Outlook

Nordea's chief economist Annika Winsth believes that the government is too pessimistic about the Swedish economy. In addition, she is worried that the Minister of Finance will try to make everyone happy in the autumn budget
Food Prices Stabilize, Paving Way for Potential Interest Rate Cut
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Food Prices Stabilize, Paving Way for Potential Interest Rate Cut

Food prices including alcohol-free drinks rose by a mere 0. 2 percent in May, compared to April
Nordea Predicts Swedish Central Bank Interest Rate Cut in June
Business News

Nordea Predicts Swedish Central Bank Interest Rate Cut in June

Nordea is backing other major banks and now expects the Swedish Central Bank to lower the interest rate in June. Chief Economist Annika Winsth actually does not think it is needed right now
Mortgage Rate Predictions: Variable Rates May Drop, Fixed Rates Rise
Business News

Mortgage Rate Predictions: Variable Rates May Drop, Fixed Rates Rise

The variable mortgage rate is expected to fall slightly, while the fixed rates have risen, forecasts bank SBAB. Economically, it has thus become less advantageous to fix the mortgage now, according to chief economist Robert Boije
Major Banks Differ on Swedish Interest Rate Cuts for 2023
Business News

Major Banks Differ on Swedish Interest Rate Cuts for 2023

There is great uncertainty surrounding the interest rate development during the year. Handelsbanken and Swedbank are counting on two cuts
Economists Split on Potential Swedish Interest Rate Cut
Business News

Economists Split on Potential Swedish Interest Rate Cut

Even if the Central Bank keeps the door open for an interest rate cut further ahead, Nordea's chief economist Annika Winsth is doubtful about whether it will happen. SEB's chief strategist Olle Holmgren, on the other hand, believes increasingly strongly in a cut as early as June
Economists Split on Possible Interest Rate Cut by Swedish Central Bank
Business News

Economists Split on Possible Interest Rate Cut by Swedish Central Bank

Even if the Central Bank keeps the door open for an interest rate cut further ahead, Nordea's chief economist Annika Winsth is doubtful about whether it will happen. SEB's chief strategist Olle Holmgren, on the other hand, believes increasingly strongly in a cut as early as June
Experts Diverge on Future Swedish Interest Rate Changes
Business News

Experts Diverge on Future Swedish Interest Rate Changes

On the interest rate market, the actors assume two cuts in the Swedish Central Bank's benchmark rate this year. But among the major banks' forecasters, there is a significant spread when it comes to the benchmark rate right now
The Council's Advice to the Government: Be Frugal until the Shock Comes
Sweden News

The Council's Advice to the Government: Be Frugal until the Shock Comes

In the midst of a toxic customs chaos, the government is presenting its spring budget. Most of the money will go towards increasing the ROT deduction, to support the construction industry and households that want to renovate
Nordea Economist Seeks US Economic Slowdown to Curb Tariffs
Business News

Nordea Economist Seeks US Economic Slowdown to Curb Tariffs

The Stockholm stock exchange is plummeting. Annika Winsth, chief economist at Nordea, is now hoping for a strong braking of the American economy
Defense Spending Surge Set to Raise Interest Rates, Warns Nordea Economist
Business News

Defense Spending Surge Set to Raise Interest Rates, Warns Nordea Economist

The massive investment in defense – 300 billion kronor over ten years – will push up interest rates, warns Nordea's chief economist Annika Winsth. The demand for money in Europe will be higher and then the price of money, that is the interest rate, will also rise, she says
Expert: Without a rate cut, the government must step on the gas
Business News

Expert: Without a rate cut, the government must step on the gas

Hopes of a lower interest rate in the spring seem to be dashed. It dampens the economic recovery and forces the need for a more expansionary fiscal policy from the government, experts believe
Major Banks Disagree on Interest Rate Cuts
Business News

Major Banks Disagree on Interest Rate Cuts

Nordea believes in two more interest rate cuts this year. Handelsbanken assesses that the Swedish Central Bank will be satisfied with one cut
Thousand-kronor notes await lower interest rate
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Thousand-kronor notes await lower interest rate

A autumn of interest rate cuts awaits and already this week, the Swedish Central Bank may strike with a double cut. At the beginning of next year, a million loan with variable interest rate may be 800 kronor cheaper per month
The warning: This is how expensive the euro can become next year
Business News

The warning: This is how expensive the euro can become next year

Think you that the foreign holiday is already expensive? Then be prepared for the Swedish krona to become even weaker next summer. A major bank is now warning of a clear decline next year
"Interest Rate Cut in the Nick of Time"
Business News

"Interest Rate Cut in the Nick of Time"

The Swedish economy is on its way to recovery – but the situation is fragile, according to major bank Nordea. In a report, the bank writes that the interest rate cuts are therefore coming "in the nick of time"
Larger investments than expected – these are the needs
Business News

Larger investments than expected – these are the needs

A welcome budget message that is applauded from several directions. Now the big question is what the money will be spent on
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