Nordic Outlook: Muted global growth amid extreme yields
Press releaseStockholm, August 27, 2019 Nordic Outlook: Muted global growth amid extreme yields Sweden: Riksbank on hold despite low inflation The global economy is seeing a noticeably pessimistic bond market and increased uncertainty due to trade and geopolitical issues. A lengthy manufacturing slump and escalating trade wars will cause yearly global growth to slow from nearly 4 per cent in 2018 to just over 3 per cent during the period 2019-2021. Yet our main scenario is still that outright recession will be avoided. Moderate debt is lowering the risk of contagion from the weak