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 […]

Full version of this article is only available to subscribers.

Already a subscriber, sign in here:

Lost your password?

Gain unlimited access to all of The Copenhagen Post

Our independent reporting can only be published with support from our readers.

Monthly subscription

119

DKK/month.

(Billed once a month)

Give us a try

6 month subscription

99

DKK/month.

(Billed twice a year)

Save 120 DKK

Yearly subscription

79

DKK/month.

(Billed once a year)

Save 480 DKK

Save with a company subscription?

DSV buys German giant for 107 billion – becomes the world’s largest logistics company

It started with nine truck drivers in an inn on Sjælland in 1976. Now, with the purchase of German DB Schenker, Danish DSV has become the world’s largest freight operator
Parking in Copenhagen to become much more expensive

To finance more parking garages, the politicians in Copenhagen have decided to dramatically raise the prices for parking in 2025. There will also be a fee for parking on Sundays. In Frederiksberg, people are dissatisfied with their neighbouring municipality’s decision.
Tivoli street to become a green oasis in six-month urban experiment

On Vesterbrogade, right in front of Tivoli amusement park’s main entrance, a new green space is about to appear. An upcoming urban experiment will see the tree-lined street reserved for pedestrians, cyclists and electric buses for a six-month pilot period in 2025.
Nordea, Deloitte and McKinsey know it: Diversity is key to success

Why and how does increased gender and ethnic diversity boost corporate performance? Here, we take a look at the data, and hear from DEIB experts at Nordea and Deloitte Denmark about how they’re building diverse teams in the Nordics’ biggest companies.
Having the courage to apply for a more senior role

Taking the courage to seek a more senior role can feel like an overwhelming challenge. Having the courage to step out of your comfort zone and aspire to a higher position is essential for career success.
Moving to Copenhagen to study? Top tips from a student community manager

Laura Lombardi came from Italy to Copenhagen in 2015 as an international student. Almost a decade later, she is the community and operations manager at Basecamp, a student house accommodation in the very heart of Copenhagen city centre

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

13 Sep: Social Beer Walk – A guided tour of Copenhagen harbour

Career

Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.
Lolland Municipality launches support package for accompanying spouses

Lolland Municipality, home to Denmark’s largest infrastructure project – the Fehmarnbelt tunnel connection to Germany – has launched a new jobseeker support package for the accompanying partners of international employees in the area. The job-to-partner package offers free tailored sessions on finding a job and starting a personal business.
This rooftop ‘Scandarabian’ restaurant is helping international jobseekers to upskill for the Danish market

The social enterprise and rooftop restaurant Do More focuses especially on helping long-term unemployed citizens who struggle to enter the Danish labor market due to a lack of experience from their home country, language barriers, and other factors.

Want to advertise your job with CPH Post?

Jobs