US Fed keeps interest rates steady

The U.S. Federal Reserve (Fed) has maintained its benchmark interest rate steady, between 5.25 to 5.50 percent, after a two-day policy meeting. Kristian Skriver from Danish Business expects a rate cut in September due to easing inflation and rising unemployment. Jeppe Juul Borre from Arbejdernes Landsbank foresees a September rate decrease, as the U.S. economy performs well, but inflation has dropped and the job market is slowing, leaving room for a rate cut. He also notes that prospect of a U.S. rate cut has led to falling Danish mortgage rates, with interest rates on fixed-rate loans reaching a two-year high. Pernille Bomholdt Henneberg from Velliv highlights the positive implications for Danish homeowners and warns of potential challenges next year if Trump re-imposes tariffs or the U.S. job market significantly slows.