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Nordic Outlook Update November 2023

A troubled world continues to hope.

The global economy is decelerating, but at different rates in different parts of the world. Lower inflation, high employment and rising real wages will continue to support a soft landing. Key interest rates have peaked, and the US Federal Reserve will begin its rate cutting cycle by the middle of next year. This will contribute to a moderate recovery during the latter part of our forecast period. Meanwhile geopolitical turmoil is creating growing downside risks. The question of how well economies – and the financial system – can continue to withstand increasingly tight financial conditions is another uncertainty.WB november 2023.

Other countries and regions

In-depth country and regional analyses that we have recently published on our SEB Research website

What is Nordic Outlook report?

Our macroeconomic flagship report Nordic Outlook contains our economists' views on economic developments in the world. You will find key forecasts as well as an analysis of trends and political decisions that affect the world economy.