Handelsbanken: Overstated concern about interest rates
The economic recovery is continuing, and there is plenty of optimism.“GDP in Sweden is now higher than it was before the pandemic, and we expect higher than normal growth to continue”, says Christina Nyman, Chief Economist at Handelsbanken. Bottlenecks and delivery problems that have arisen in the wake of the pandemic have led to rising prices and expectations of higher interest rates. “In my view, both the inflation risks and the expectations of higher interest rates are exaggerated”, says Christina Nyman, adding: “But we expect energy prices and interest rates to fluctuate more in the