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?

How the architecture of the capital changed over the centuries

When did the architecture of Copenhagen become so notable and important? Surprisingly, it took centuries. The Copenhagen Post interviewed the Danish Architecture Center’s director Kent Martinussen, so he could explain to readers the history of Copenhagen’s architecture.
Flight costs from Copenhagen Airport dropped 16% since Covid

TV2 Kosmopol reports that flight tickets to European countries from Copenhagen Airport drop in price as competition increases. However, lower prices may boost emissions, raising concerns about the environmental impact of increased air travel.
Ellie Owens (Fleurdellie): “Internationals feel powerless, but soon realize no one wants to kick them out”

Content creator Ellie Owens reveals the struggles and joys of expat life, from navigating a new culture to thriving as a parent in Denmark’s family-friendly society, while building a successful career on social media.
Pharma boom sparks Danish economy – yet consumers are worried about Trump

Denmark faces a contradiction. On the one hand, Danish economy is booming, and the pharma industry is contributing to massive investments in increased defense. On the other hand, consumers are very skeptical, even though all indicators should give reason for optimism
“Our Copenhagen on islands”

While local politicians are working on strategies for protecting the city against future flooding, architect groups interested in climate adaptation, are instead trying to re-think the very fundamentals of Copenhagen city planning. One of these groups is Schønherr with their project “Copenhagen Islands”.
New agreement secures important school year for international students

It will still be possible for international schools to offer education in the school year corresponding to 10th grade, also called year 11. 10 million each year is allocated to maintain the offer for internationals with children in Danish schools

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

Career

One in five employees in Denmark in mentally straining conditions

A new report reveals that many workers in Denmark, especially in healthcare and hospitality, face difficult psychological work environments, with women particularly affected by stress, bullying, and violence.
Graduate unemployment is much higher if you studied outside Copenhagen

According to the data, graduate unemployment is 74% higher outside the capital than in Copenhagen. What is the reason?
The struggles of Asian women in Denmark’s labour market

Isha Thapa unfolds her research “An Analysis on the Inclusivity and Integration of South Asian Women in High-Skilled Jobs within the Danish Labor Market”. Thapa describes the systemic and social challenges these women face, ranging from barriers in social capital to cultural integration.

Want to advertise your job with CPH Post?

Jobs