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Erik Thedéen

Erik Thedéen

Swedish Central Bank Cuts Interest Rate Amid Economic Slowdown
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Swedish Central Bank Cuts Interest Rate Amid Economic Slowdown

The Swedish Central Bank lowers the interest rate for the second time this year. At the same time, the weak Swedish economy opens up for more cuts in the autumn
Debt Trap Concerns Arise Amid Housing Loan Relief Proposals
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Debt Trap Concerns Arise Amid Housing Loan Relief Proposals

The Government wants to lower the requirement for how large a cash contribution is needed for a housing loan and abolish the extra amortization requirement. Private economists from several different banks give a thumbs up but at the same time raise a warning finger for new borrowers
Swedish Households Could Save Thousands if Interest Rates Drop
Business News

Swedish Households Could Save Thousands if Interest Rates Drop

Households with large variable mortgages can look forward to thousands in lower loan costs this year – if the Central Bank does as the market believes and lowers the interest rate two more times. The first interest rate reduction is expected on Wednesday
Market Expects Two Interest Rate Cuts This Year
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Market Expects Two Interest Rate Cuts This Year

Market's conviction of two interest rate cuts this year has increased the past week, shows the pricing among market actors.
Nordea Predicts Swedish Central Bank Interest Rate Cut in June
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Nordea Predicts Swedish Central Bank Interest Rate Cut in June

Lower Inflation in May Signals Possible June Interest Rate Cut
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Lower Inflation in May Signals Possible June Interest Rate Cut

Inflation was lower than expected in May. This speaks for an interest rate cut already in June rather than in the autumn, according to economists
Swedish Central Bank Governor Signals Possible Shift to Easier Monetary Policy
Business News

Swedish Central Bank Governor Signals Possible Shift to Easier Monetary Policy

With just over two weeks until the next announcement, the Governor of the Swedish Central Bank, Erik Thedéen, still leaves the door open for an interest rate cut.
Economists Suggest Swedish Central Bank Should Have Lowered Rates Sooner
Business News

Economists Suggest Swedish Central Bank Should Have Lowered Rates Sooner

The Swedish Central Bank would have lowered the interest rate faster. This view is held by a number of economists in a report where the Swedish Central Bank's monetary policy in 2024 is evaluated
Swedish Central Bank Warns of Financial Risks from Shaky US Dollar
Business News

Swedish Central Bank Warns of Financial Risks from Shaky US Dollar

The shaky US dollar – usually seen as a safe haven – can cause financial instability, warns the Swedish Central Bank. There is reason to keep an eye on this, says Erik Thedéen
Swedish Central Bank Urges Cash Acceptance for Food Stores
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Swedish Central Bank Urges Cash Acceptance for Food Stores

The Swedish Central Bank is clear-cut – introducing cash liability for stores that sell food. And strengthening banks' responsibility to accept cash
Central Bank Unconcerned by Rising Coffee Prices, Says Thedéen
Business News

Central Bank Unconcerned by Rising Coffee Prices, Says Thedéen

Rising coffee prices do not worry the Central Bank at present. If the inflation rise concerns individual goods, there is greater reason for the Central Bank to "take less notice" than if it is broad increases, says the central banker
Thedéen: US Faces Biggest Impact from Tariffs, Says Swedish Central Bank
Business News

Thedéen: US Faces Biggest Impact from Tariffs, Says Swedish Central Bank

25 times the Swedish Central Bank mentions the word "uncertainty" in its monetary policy update. But Sweden may have a better position than many other countries
Swedish Central Bank Signals Possible Future Interest Rate Cuts
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Swedish Central Bank Signals Possible Future Interest Rate Cuts

Not now, but maybe later. The Swedish Central Bank, as expected, left the repo rate unchanged at 2
Stock Market Rises After US-UK Trade Agreement Announcement
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Stock Market Rises After US-UK Trade Agreement Announcement

The Stockholm stock exchange was boosted by a surge of stock market upswings that rolled over the world on Thursday. The broad OMXS index rose 0
Thedéen Cautions on Economic Growth and Inflation Risks
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Thedéen Cautions on Economic Growth and Inflation Risks

The stock market crash can create disturbances in the financial system. The tariffs can provide inflation impulses
US Tariffs Pose Global Economic Challenge, Says Swedish Central Bank Chief
Business News

US Tariffs Pose Global Economic Challenge, Says Swedish Central Bank Chief

The effects of the American tariffs are difficult to assess, according to the Governor of the Central Bank Erik Thedéen. Now we have to have ice in our stomachs, he says about last night's message
Swedish Interest Rate Hike Odds Rise to 40 Percent, SEB Reports
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Swedish Interest Rate Hike Odds Rise to 40 Percent, SEB Reports

The probability of the Swedish Central Bank raising the interest rate this year has increased significantly after last week's interest rate decision, according to the pricing on the interest rate market. From levels around 4 percent before the interest rate decision, the probability in the pricing now stands at 40 percent, shows a report from the major bank SEB
Swedish Central Bank Holds Rates Steady, Ready to Act on Inflation
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Swedish Central Bank Holds Rates Steady, Ready to Act on Inflation

The Swedish Central Bank is leaving the repo rate unchanged at 2. 25 percent, as expected
Major Bank: Risk of Interest Rate Hike Before Summer
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Major Bank: Risk of Interest Rate Hike Before Summer

The Swedish Central Bank is not expected to adjust the interest rate at this week's interest rate meeting. But unexpectedly high Swedish inflation and Trump's trade war may lead to a hike soon
Thedéen: How a stronger krona can affect inflation
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Thedéen: How a stronger krona can affect inflation

The stronger krona, the Trump administration's trade war and dramatic geopolitical changes are affecting monetary policy, according to the central bank governor Erik Thedéen. But the main scenario remains unchanged despite what he describes as "unusually turbulent times"
The Central Bank: Payment Solutions in Crisis Must Be Rushed
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The Central Bank: Payment Solutions in Crisis Must Be Rushed

The security situation is deteriorating and the Central Bank wants to ensure that by next summer at the latest, it will be possible to buy essential goods with a credit card even offline.
Sweden's Inflation Rises: Could an Interest Rate Cut Follow?
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Sweden's Inflation Rises: Could an Interest Rate Cut Follow?

Inflation in February is expected to rise to 2. 7 percent according to the CPIF measure, up from 2
The Central Bank Governor: Prepare the Payment Systems for War
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The Central Bank Governor: Prepare the Payment Systems for War

The Governor of the Central Bank Erik Thedéen says to SR Ekot that Sweden must quickly upgrade the payment systems for crisis and war. The statement follows the latest security policy developments in Europe
Thedéen is waiting after the new inflation figure
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Thedéen is waiting after the new inflation figure

Increased prices of coffee, fish, and vegetables pushed up inflation in January. But it is unclear how it will affect future interest rate decisions
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