President Trump expressed optimism about the new agreement, stating, "I think it's going to be great for both parties. It's a good deal for everybody—a giant deal with lots of countries." He reassured that the deal averts a potential trade war, which would have significant implications for global markets.
"Independence is one of the foundational elements of a well-run economy. The benefits of independence stem from the fact that the Fed and monetary policy affects the economy with a lag."
If the ringfencing regime for banks were to be scrapped, we really would be entering a new era or going back to an old one, since the separation of banks' retail and investment banking activities was the single biggest regulatory change introduced after the 2008-09 crash to try to prevent another blow-up.
Stride emphasizes that the Conservatives will not repeat the economic mistakes of the past, highlighting the importance of responsible fiscal discipline over unfunded tax cuts.
"Sweden is not that well-known and is seen as not being strong in the areas that generate positive opinions of other countries, such as having a strong and stable economy, products and brands in high demand, as well as being easy to do business with."
The OECD unemployment rate remained stable at a record low of 4.8% in January 2025 with slight variations across member countries.
