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Nordic Outlook

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.

27 August 2024

Faster rate cuts will help support economic growth

After a late-summer bout of stock market turbulence, falling interest rates and a weaker dollar, markets have calmed down and adapted to US economic deceleration and expected Fed rate cuts. The fight against inflation has been successful, and central banks are on the way to taking clearer steps towards interest rate normalisation. The Fed will start its rate cutting cycle in September with at least a 25-basis point reduction. Growth gaps are narrowing as the United States and China slow down and the euro area accelerates at a moderate pace. Continued resilient labour markets, rising real wages and lower interest rates will drive growth.

Nordic Outlook, August 2024
3.1%
Global GDP growth
1.9%
CPIF Sweden

Earlier reports

  1. 2024

    1. 23 January 2024

      Nordic Outlook January 2024

  2. 2023

    1. 14 November 2023

      Nordic Outlook Update November 2023

    2. 31 August 2023

      Nordic Outlook August 2023

    3. 31 May 2023

      Nordic Outlook May 2023

    4. 23 January 2023

      Nordic Outlook January 2023

  3. 2022

    1. 30 November 2022

      Nordic Outlook November 2022

    2. 31 August 2022

      Nordic Outlook August 2022

Nordic Outlook - highlights

What are the findings in the latest issue of Nordic Outlook? Here you find our economists' in-depth theme articles and analysis of trends.