Swedish households experienced a significant value decrease in capital of 501 billion kronor in Q1, driven largely by shifts in American trade policy according to SEB. Riksbank's ongoing policy rate cuts and tax reductions led to increased household buying power, yet consumption remained static. Americo Fernandez cites a loss of trust following the US elections as a catalyst for increased market turbulence. Although overall household capital remains 2.2% higher year-on-year, it falls well below the average growth seen previously, exacerbated by rising debt in mortgages and student loans.
Despite Riksbank's tax cuts and rising household buying power, Swedish households saw a 501 billion kronor dip in capital due to uncertain American trade policies.
Americo Fernandez highlighted that the shift in American foreign policy post-election resulted in increased market turbulence, posing long-term challenges for Swedish household capital.
Collection
[
|
...
]