SEB: Nordic Outlook: Central bank U-turn is re-energising tired growth
Sweden: Low inflation is making the Riksbank even more dovish The rapid shift to more dovish central bank policies provided new support for risk appetite early in 2019. Economic data have been divided, but overall the global economy has been resilient to the recession risks that have been discussed recently. SEB's economists are adjusting their global growth outlook for 2019 somewhat lower - to 3.3 per cent from their earlier 3.5 per cent - but their forecast for 2020 remains at 3.5 per cent, somewhat above the long-term trend. Unemployment in advanced economies is continuing down to its