Nordea Economic Outlook: Not there yet
So far, the global economy has been remarkably resilient to significant monetary policy tightening. Inflation is still high, and there is a good chance monetary policy will need to be tightened further before central banks can declare victory over inflation. Growth prospects remain moderate and subject to high uncertainty, says Helge Pedersen, Nordea Group Chief Economist. The Nordic economies show some divergence, with the countries at different stages of the economic cycle. The labour markets have shown surprising resilience in all Nordic countries, but we expect a cooldown in the
