Swedish customs reactions
Finance man: Navarro the most dangerous in 200 years
White House economic advisor Peter Navarro has come under the spotlight for his role in the ongoing tariff crisis and his influence over Donald Trump. Christer Gardell believes that the president will soon throw his advisor under the bus – something that could be positive for the stock market. The financier says this in an interview with Dagens Industri.
Gardell also believes that Navarro is “the most dangerous person to set foot in the White House in 200 years”.
Wallenberg: It is important that we are calm together
The chairman of the Confederation of Swedish Enterprise, Jacob Wallenberg, warns that Sweden’s trade could be affected by the US’s latest tariff threats, reports TT.
After business leaders had a meeting with the government about Donald Trump’s tariff plans, Wallenberg expressed support for the EU and the government’s actions.
– It is important that we stand together and have a calm and mature attitude towards the US, he tells the news agency.
Finance man: Navarro the most dangerous in 200 years
White House economic advisor Peter Navarro has come under the spotlight for his role in the ongoing tariff crisis and his influence over Donald Trump. Christer Gardell believes that the president will soon throw his advisor under the bus – something that could be positive for the stock market. The financier says this in an interview with Dagens Industri.
Gardell also believes that Navarro is “the most dangerous person to set foot in the White House in 200 years”.
Wallenberg: It is important that we are calm together
The chairman of the Confederation of Swedish Enterprise, Jacob Wallenberg, warns that Sweden’s trade could be affected by the US’s latest tariff threats, reports TT.
After business leaders had a meeting with the government about Donald Trump’s tariff plans, Wallenberg expressed support for the EU and the government’s actions.
– It is important that we stand together and have a calm and mature attitude towards the US, he tells the news agency.
Chief economist: Riksbank forced to lower interest rates
The tariff crisis is clouding the economic outlook and Swedish bank economists disagree about the Riksbank's upcoming interest rate decision.
Swedbank is among those who see more cuts ahead, reports SR Ekot.
- Both households and companies will be more cautious and then the Riksbank will have to lower interest rates, says chief economist Mattias Persson.
Fed vs. inflation
US inflation lower than expected in March
US inflation measured as CPI landed at 2.4 percent at an annual rate in March. This was slightly below the expectation of 2.6 percent at an annual rate, according to Trading Economics.
Core inflation came in at 2.8 percent at an annual rate, which was below the expectation of 3.0.
Inga kommentarer:
Skicka en kommentar