The US national debt is hitting new records while interest rates are soaring. The Trump administration is hoping that AI will solve the problems, but so far there are no signs of improvement in the economy. There is no convincing plan for how to deal with the deficits, says SEB's US economist Elisabet Kopelman.
BusinessThe US Federal Reserve (Fed) - with new head Kevin Warsh at the helm - has, as expected, left US interest rates in the range of 3.50–3.75 percent. However, the Fed board disagrees on the future outlook.
BusinessThe US Federal Reserve (Fed) appears to have parried the Trump administration's attempts to influence monetary policy and threats of interest rate cuts for the time being. The Fed's independence is not under acute threat, according to SEB's US economist Elisabeth Kopelman.
BusinessThe Trump administration's economic policies have come into focus eight months before the U.S. midterm elections this fall. Most voters are currently giving the thumbs down. SEB economist Elisabet Kopelman's summary of the situation in the world's largest economy is: "Better than expected, worse than it could have been."
BusinessThe dollar, interest rates and stock markets are rising after an unexpectedly strong US jobs report for January. But one should be careful not to draw too strong a conclusion from a single month, says Elisabet Kopelman, US economist at SEB. January figures are shaky, she says.
BusinessWere Donald Trump's global tariffs actually illegal? The question will be answered in the U.S. Supreme Court. Nearly $150 billion is at stake for Trump and the U.S. administration.
BusinessThe Trump administration is gearing up for a new tariff shock next year – on industrial robots, machines and healthcare items. They need the money. I think it's a reason why they're looking at more goods, says Elisabet Kopelman, US economist at SEB.
BusinessThe President of the USA, Donald Trump, announces several new tariffs that come into force as early as Wednesday. Medicines, trucks and sofas are some categories that are affected – but much is still unclear. It is always the case that the devil is in the details, says Elisabet Kopelman, USA economist at SEB.
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