Swedish central bank: Fewer risks to financial system but future still uncertain
Near-term risks have declined, but uncertainty remains. Financial conditions are improving due to lower inflation and expected rate cuts, yet policy rates could stay high.
Geopolitical instability, such as conflicts in Ukraine and the Middle East, can raise risks of cyberattacks, impacting the economy globally.
Why is Sweden one of the first countries to lower interest rates?
Sweden's central bank lowered its interest rate due to economic slowdown and high sensitivity to interest rate hikes.
Mortgage debt balloons amid rising home prices
Mortgage debt has surged by 80% in the last 20 years, making up 74% of household debt, showing rising financial strains on American families.