swedish elections

Ahead of the Swedish general elections over the weekend, mainstream media was sensationalizing the chances of the far-right gaining control. In the wake of Brexit and the Trump election, it seems that the media is using the same template for each political event now and hyping up the chances of the far right gaining power which is precisely the ...

2018-09-10 James Harte Read more
sweden bank

Sweden’s central bank held its monetary policy meeting last week and as widely expected the policy makers at the central bank left the key interest rate unchanged at -0.50%. However, officials guided investors toward a possible rate hike at the end of the year. Policy makers left interest rates unchanged with but with two dissenting votes whi...

2018-07-13 John Benjamin Read more
Riksbank

Sweden's unemployment data is expected to be released today. According to the economists polled, the unemployment rate is expected to remain steady at 6%, unchanged from the month ago. The unemployment rate fell from 6.6% that was registered in July this year. [caption id="attachment_40294" align="aligncenter" width="730"] Sweden Unemployme...

2017-12-12 John Benjamin Read more
Sweden

Sweden's unemployment data is expected to be released today. According to the economists polled, the unemployment rate is expected to remain steady at 6%, unchanged from a month ago. The unemployment rate fell from 6.6% that was registered in July this year. [caption id="attachment_40294" align="aligncenter" width="730"] Sweden Unemployment...

2017-12-12 John Benjamin Read more
Ingves_Riksbank_1705

Riksbank Governor Stefan Ingves and Øystein Olsen, Governor of the Central Bank of Norway. Image: Nils S. Aasheim/Norges Bank Summary: Riksbank proposes switching from targeting Consumer Price Index (CPI) to Consumer Price Index with Fixed Interest Rate (CPIF) Riksbank proposes (re) introducing tolerance band of +/-1% from the 2% ta...

2017-07-26 John Benjamin Read more
USDSEK_Sweden_2302

The Swedish krona was seen trading mixed as the currency gave up the gains logged since mid-December. USDSEK was in a prolonged decline from a 16-year high that was posted late last year near 9.4100. The USDSEK is currently caught between a hawkish Federal Reserve and a dovish Riksbank. Although interest rates were left unchanged at the monetar...

2017-02-23 John Benjamin Read more
Riksbank_Norges_2710

Image via Riksbank Riksbank Remain On Hold Despite Weak Inflation Sweden’s Riksbank kept rates on hold today at -0.5% in line with market expectations. The meeting had a broadly Dovish Tone with the bank noting that they expect to keep rates lower for six months longer than previously anticipated. The bank also noted that they are “ready to ...

2016-10-27 James Harte Read more
Riksbank

"Inflation is rising, and the Swedish economy is developing strongly," the Riksbank monetary policy statement said as the central bank held interest rate unchanged at -0.50% for the seventh consecutive month. The central bank's policy decision was in line with most economists who expected no change to interest rates at today's meeting. [cap...

2016-09-07 John Benjamin Read more