Danish interest rates set to fall as Fed indicates mid-September cut

Denmark’s largest banks are forecasting interest rate cuts across their loan offerings by early 2025. It’s good news for Danish businesses and home buyers looking to take out a loan next year, but will hurt Danish banking profits, which have tipped billions of kroner in recent years.

Photo: Arto Alanenpää

Aug 26, 2024

All eyes are on American interest rates, after Federal Reserve Chair Jerome Powell on Friday said the American central bank is prepared to start cutting its key interest rate from its current 23-year high, as inflation finally comes into check and the US job market cools.Already at the beginning of the year, analysts and investors […]

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