New global macro forecast: Global economy slowing
The global business cycle is gradually weakening. The US will slow next year. Subsequently, real GDP is expected to fall during several quarters, while the unemployment rate will rise. The Swedish economy has performed quite well for some time but will slow down during the coming years, according to Chief Economist Ann Öberg. · Interest rates peak at low levels · US toward recession · Europe pressured by structural problems · Low growth in the NordicsIn the US, the economy will continue to expand for a while yet. But we are starting to glimpse the end of the long recovery