Economy

Trump's tariffs
Coffee at record high after Trump's tariff threat against Colombia

The already high price of coffee rose to a new record high after US President Donald Trump's tariff threat against Colombia over the weekend, writes Bloomberg.

Poor harvests in Brazil in particular have pushed up coffee prices significantly in the past year, and Donald Trump's quickly called off tariff threat against the world's third largest coffee producer was enough for the price of Arabica coffee to reach a new record high.

Futures contracts for Arabica coffee are up 80 percent compared to a year ago.

Swedish interest rates
The Riksbank is predicted to cut interest rates - could be the last

The Riksbank is expected to cut the key interest rate from 2.50 to 2.25 percent on Wednesday, but more and more economists believe that it will be the last cut for a while. This is reported by TT.

The Unionen union wants to see two to three cuts this year to strengthen the economy. However, Handelsbanken and DNB expect a maximum of one more cut, which is in line with the central bank's own interest rate path.

The market's previous expectations of several cuts have been adjusted downwards, mainly due to a stronger global economy and rising interest rates globally. Interest rate developments can affect mortgage rates, where a cut of 0.25 percentage points can reduce the monthly cost of a 3 million SEK loan by 625 SEK.

Ericsson's future
Wallenberg on US reputation: "Ericsson remains Swedish"

Ericsson remains a Swedish company with headquarters in Sweden. This is what Investor chairman Jacob Wallenberg says in SVT's Agenda after the telecom giant's CEO Börje Ekholm hinted at a potential move to the US.

- It won't happen, Wallenberg dismisses.

Ericsson already has a large part of its production in the US and plans to increase it further, as it is the company's most important market, he emphasizes.