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Fed raises key rate on persistent inflation; US Congress approves tougher Russia sanctions
Tagesschau·US · DE · CA·3 days ago
Swedish households are bracing for a financially strained autumn as multiple cost pressures converge: rising oil prices, higher interest rates, elevated electricity prices, poor harvests, and a weak krona. Expert commentary suggests these factors will squeeze disposable incomes, though the exact magnitude remains uncertain. This matters as it could dampen Swedish consumption and weigh on economic growth.