Nordic Outlook: Focus on inflation risks as COVID-19 recedes
Sweden: Rebound in the second half, no rate hike despite low inflation After falling by more than 3 per cent in 2020, global GDP will increase by 5.9 per cent this year and 4.3 per cent in 2022. Rapid economic growth in the United States, driven by President Joe Biden’s stimulus packages and general resilience to new restrictions early in 2021 have helped improve the outlook, despite widespread COVID-19 transmission this spring. Most Western European countries also appear set to ease their pandemic-related restrictions soon. Looking ahead, households will be the most important growth