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Erik Thedéen

Erik Thedéen

Sweden may need an Elon Musk
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Sweden may need an Elon Musk

The financier Christer Gardell does not want new tariffs, abhors bitcoin and sees Tesla as an overvalued bubble. But he is not particularly worried about Donald Trump as president, and thinks that even Sweden needs an "Elon Musk" to cut costs in the government apparatus
Thedéen: Crisis is a normal state
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Thedéen: Crisis is a normal state

Erik Thedéen has two dramatic years behind him as the Governor of the Central Bank. And when he looks ahead, it doesn't look much calmer
Thedéen's defense: it's about having patience
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Thedéen's defense: it's about having patience

As expected, the Central Bank is lowering the interest rate by 0. 25 percentage points
More rate cuts are needed
Business News

More rate cuts are needed

Swedish economy is still struggling. Household consumption is decreasing, shows new statistics
Inflation rises – "The Central Bank will lower anyway"
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Inflation rises – "The Central Bank will lower anyway"

Despite the inflation hike – The Central Bank will lower the interest rate in a couple of weeks. This is the major banks' assessment
Thedéen: The Krona's Fall May Cause Inflation Problems
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Thedéen: The Krona's Fall May Cause Inflation Problems

The crown has fallen to 11. 04 kronor per dollar – the lowest rate this year
The Central Bank does not want to raise the ceiling for mortgages
Business News

The Central Bank does not want to raise the ceiling for mortgages

The Swedish Central Bank rejects last week's investigation proposal for a raised ceiling for mortgages and softer amortization requirements. It would not be a sustainable solution, according to the Swedish Central Bank Governor Erik Thedéen, who places the responsibility for the high thresholds in the housing market on housing policy decisions
More rate cuts - but risk of turmoil with Trump
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More rate cuts - but risk of turmoil with Trump

The Swedish Central Bank lowers the repo rate by 0. 50 percentage points to 2
Thedéen expects turmoil after Trump's victory
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Thedéen expects turmoil after Trump's victory

The Swedish Central Bank lowers the interest rate by 0. 50 percentage points to 2
Fear of Swedish Inflation after Trump's Election
Sweden News

Fear of Swedish Inflation after Trump's Election

Donald Trump's victory is called the greatest political comeback in history. But how is Sweden affected by it? TT lists some possible consequences of the presidential election in the USA
Largest Interest Rate Cut in Ten Years Expected
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Largest Interest Rate Cut in Ten Years Expected

Everything points to the Swedish Central Bank making a double cut in the interest rate on Thursday. It would be the largest interest rate cut in over ten years
Trump's Tariff Threat Worries Thedéen
Business News

Trump's Tariff Threat Worries Thedéen

With Donald Trump as the new president in the USA, stricter trade tariffs could hit the Swedish economy. It is clear that it could affect inflation and definitely growth, so it is not a policy that is welcome, says Riksbank Governor Erik Thedéen
Inflation Rate - KPIF in Sweden 1.1% in September
Living in SwedenEconomics

Inflation Rate - KPIF in Sweden 1.1% in September

The underlying inflation rate KPIF has been gradually decreasing and is in a clear downward trend.
Thedéen: We are lowering rapidly
Business News

Thedéen: We are lowering rapidly

The Governor of the Central Bank Erik Thedéen hits back at critics who are demanding faster interest rate cuts. We are cutting quickly, he says in an inquiry about monetary policy in the Riksdag's Finance Committee
Thedéen hesitates about double rate cut
Business News

Thedéen hesitates about double rate cut

Many assessors and market players believe that there will be a double rate cut of the Swedish Central Bank's interest rate in November. But the Swedish Central Bank's governor Erik Thedéen does not want to put his foot down two weeks before the announcement
Central Bank Chief: Opens Up for Further Rate Cuts
Business News

Central Bank Chief: Opens Up for Further Rate Cuts

The weak inflation trend opens the door for a faster reduction of the interest rate. This is the opinion of Vice Governor of the Central Bank Per Jansson according to the protocol
Your savings rate is back to zero again
Business News

Your savings rate is back to zero again

It was small, and now it's back to zero again - the interest rate on major banks' salary accounts. Move your money, advises the central bank governor
The Central Bank is warning of 4-5 rate cuts
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The Central Bank is warning of 4-5 rate cuts

The Swedish Central Bank lowers the interest rate by 0. 25 percentage points and opens up for the possibility of a double-sized reduction in November or December
Upwards on the stock market after interest rate cut
Business News

Upwards on the stock market after interest rate cut

The Stockholm Stock Exchange rose after the Swedish Central Bank's third interest rate cut this year and the possibility of a so-called double cut later in the autumn. The broad OMXS index gained 0
Variable Mortgage Rates Fall Ahead of Riksbank's Decision
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Variable Mortgage Rates Fall Ahead of Riksbank's Decision

The state-owned mortgage bank SBAB and Länsförsäkringar are lowering the interest rate on mortgages with a three-month term by 0. 20 percentage points
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
Inflation Falls More Than Expected
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Inflation Falls More Than Expected

Inflation fell unexpectedly much in August, down to 1. 2 percent according to the KPIF measure
The Swedish Central Bank can move faster
Business News

The Swedish Central Bank can move faster

Swedish economy shrinks and inflation is expected to fall even further below target when new inflation figures are presented on Thursday. The Swedish Central Bank could move faster, says Albin Kainelainen, Director-General of the National Institute of Economic Research (KI)
ECB expected to initiate wave of interest rate cuts
Business News

ECB expected to initiate wave of interest rate cuts

The European Central Bank (ECB) is expected to lower its key interest rate by 0. 25 percentage points on Thursday
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