Trade War: Scandinavian Countries Delay Easing Monetary Policy.
08.05.2025
2715

Journalist
Shostal Oleksandr
08.05.2025
2715

Central Banks of Sweden and Norway Hold Off on Rate Cuts Due to Trade War
The central banks of Sweden and Norway are refraining from lowering interest rates this week due to uncertainty related to the trade war initiated by U.S. President Donald Trump.
Central banks in Stockholm and Oslo will set lending rates after the U.S. imposed tariffs on imports last month, according to Bloomberg.
Almost all economists expect the Riksbank to keep its key rate at 2.25%, while Norway's bank is expected to maintain its base interest rate at 4.5%.
Analysis
Central banks are currently in a wait-and-see mode, assessing inflation and risks to economic growth, particularly those related to the trade war. Consumer prices in Sweden have become crucial for decision-making, and movements of other countries in global monetary policy also influence the decisions of these Scandinavian nations.
Read also
- Ordering cards from PrivatBank — customers were warned
- Logistics of the Future - a Network with Ukraine, Moldova, and Romania
- Grain Prices in July - Which Crop Can Bring Profit
- Closing different types of cards at Oschadbank — what rules apply
- Renting or buying property in Poland - which is more beneficial for Ukrainians
- The EU's Prosperity Level — How Long Will It Take to Rebuild Ukraine