SEB: Nordic Outlook: Full steam ahead for economy and markets
Sweden: EU boom compensating for lower housing construction SEB is again revising its global economic outlook upward. In the United States, the new tax package has boosted optimism in the economy and is one reason why the Federal Reserve (Fed) will speed up the pace of its key interest rate hikes. Because of strong growth in the euro zone and a more balanced inflation picture, the European Central Bank (ECB) will also move more quickly towards normalisation, although its monetary policy will remain expansionary. Long-term bond yields are gradually trending higher, while increased