It’s too early to declare victory over inflation without serious economic side effects.

Group Chief Economist Helge J. Pedersen

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The global economy has shown resilience in the first half of 2023. Despite central banks’ aggressive interest rate hikes and high inflation, consumer spending has generally held up, and labour markets remain strong. While inflation is easing in many countries, it continues to be a concern, with core inflation stubbornly above most central banks’ targets.

Is monetary tightening working to cool the economy? Will central banks be able to deliver a soft landing and avoid a recession? And when can we expect to reach peak interest rates?

Watch the webinar with Nordea Group Chief Economist Helge Pedersen for insights on these questions and much more.

Duration: 30 minutes with Q&A
Language: English

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2.9%

Global GDP growth in 2024  

5.3%

Core inflation in the Euro area in August 2023

3.5%

 Unemployment rate in the US in July

 

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Economic Outlook, country by country

Sweden

Swedish Chief Economist, Annika Winsth, presents the report for Sweden together with analysts Torbjörn Isaksson and Susanne Spector (in Swedish).

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Finland

Finnish Chief Economist,
Tuuli Koivu, and Economist Juho Kostiainen present the report for Finland (in Finnish).
 

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Denmark

Danish Chief Economist,
Helge J Pedersen, presents the report for Denmark (in Danish).

 

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Norway

In Norway Chief Economist Kjetil Olsen and Analyst Dane Cekov present. (in Norweigan)

 

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