The Swedish Central Bank's inflation forecast for the summer was off - prices rose more than the central bank had expected. An unusually large number of "coolcations" and sold-out Bad Bunny concerts pushed up prices.
BusinessThe Trump administration's doubled repurchase of government bonds with long maturities creates risks, according to Riksbank Governor Erik Thedéen. You get slightly lower interest rates. But you get much greater refinancing risks. That is, you have to go to the market much more often with very large loan volumes, he tells TT.
BusinessAs expected, the Swedish Central Bank is leaving the key interest rate unchanged at 1.75 percent. However, Riksbank Governor Erik Thedéen and his executive board continue to signal a possible interest rate increase later this year.
BusinessThe Swedish Central Bank leaves the key interest rate unchanged at 1.75 percent. At the same time, the bank signals that an interest-rate increase is more likely later in the year.
BusinessThe effects of the war in Iran are now starting to have an impact on the Swedish economy. Producer prices - what companies charge each other - are rising at the highest annual rate in just over four years. It is an important indicator that we must look at, Riksbank Governor Erik Thedéen told TT.
BusinessThe number of applications to build new nuclear power plants is increasing. A possible next location is Nyköping, where Studsvik now wants to build a new facility with two to four light-water reactors (SMRs).
BusinessRiksbank Governor Erik Thedéen believes the major banks are hypocritical when they raise variable mortgage rates but leave savings rates unchanged.
BusinessInflation may be higher than expected due to the global situation, says Riksbank Governor Erik Thedéen.
BusinessThe war in Iran has created a "very serious situation," according to Riksbank Governor Erik Thedéen. "There is much that is uncertain now. It changes from day to day, not to say hour by hour," he said at a press conference.
BusinessAs expected, the Swedish Central Bank is leaving the key interest rate unchanged. However, it is now warning of increased uncertainty around the inflation outlook, among other things. The culprit in the drama: President Donald Trump and the United States.
BusinessRiksbank Governor Erik Thedéen warns that Sweden's and Europe's payment systems are too dependent on the American card giants Visa and Mastercard. He believes that complementarities are needed.
BusinessThe Riksbank will leave the key interest rate unchanged at 1.75 percent. It is only towards the end of 2027 that it may be possible to raise it, the announcement said.
BusinessDespite the great concern in the world, many of the world's stock markets are at record levels. This could trigger strong movements in the financial markets if something unexpected happens, warns the Riksbank in its stability report. The system is sensitive to disturbances, says Riksbank Governor Erik Thedéen to TT.
BusinessPrice increases on ice cream and sweets are being pointed out as factors that contributed to the unexpectedly high inflationary pressure in October. Heavy price increases on travel and electricity are also looming. But for the Riksbank, this does not change the overall picture.
BusinessThe Riksbank, as expected, is leaving the key interest rate unchanged at 1.75 percent. And a rate cut as the next step is currently more likely than a hike, according to SEB's chief economist Jens Magnusson. However, her colleague at Danske Bank, Susanne Spector, sees an increased likelihood of a hike.
BusinessSwedish banks have recently received sharp criticism from leading politicians for not lowering mortgage rates as much as the Swedish Central Bank lowers the benchmark rate. However, the Swedish Central Bank Governor Erik Thedéen does not agree with the criticism, but says that the banks have "good compliance".
Business
