Interest rates

Several major Swedish banks have raised their variable mortgage rates by 0.15 percentage points, despite the Riksbank leaving its policy rate unchanged. The increases are attributed to higher funding costs for banks amid market expectations. Finance Minister Elisabeth Svantesson describes the moves as detached from reality.

17 Mwezi wa tatu, 2026 Imeripotiwa na AI

Brazil's National Treasury repurchased R$ 27.5 billion in public bonds on Monday (16) to curb surging future interest rates, driven by the war in Iran and rising oil prices. The operation, the largest since 2020, precedes the Copom meeting on the Selic rate, currently at 15% per year. Expectations point to a smaller rate cut.