SEB: Nordic Outlook: Global growth defy political uncertainty - Swedish monetary policy and wage formation out of step
Well-founded optimism - not mere hopes - will characterise the world economy in 2017-18. Although conflict levels have escalated and political challenges should not be minimised, protectionist rhetoric is not identical with practical policy, according to SEB economists in the May 2017 issue of the quarterly Nordic Outlook report. The increase in economic activity is globally synchronised. We are now lifting our high growth forecast for Sweden further. But with the Riksbank signalling a continued complete focus on inflation, its first key interest rate hike is not likely to occur before