Swedbank Economic Outlook: the Riksbank picks up the pace
Higher inflation is expected to lead the Riksbank to tighten its monetary policy and raise the repo rate twice next year. The first rate hike will take place in the beginning of 2023, according to the forecast in Swedbank Economic Outlook.The pandemic has once again gripped the Swedish economy, and restrictions have been reintroduced. Despite this, economic growth will be stronger than normal during the coming years. Increased infection rates and high energy prices are dampening growth prospects in the near term but are not expected to lead to any lasting effects. “Economic activity in