Follow our expert insights about how the markets and inflation develop in the Nordics and globally.
Podcast
Time to reconsider the euro in the Nordic countries?
For those who prefer easy listening to reading NOYM reports, Johan Trocmé and Viktor Sonebäck talk through the experience with the euro in the Nordic countries since it was introduced in 1999. Will Finland keep it? Could it be introduced in Denmark, Sweden or Norway in the future?
After several years of high growth, Danish economic activity has slowed down. The dampening is expected to be relatively mild and soon to be replaced by renewed progress during this year.
Fastest growth rate for renewable energy in two decades
The International Energy Agency, IEA, has just published a report on the production of renewable energy which shows strong growth in capacity in 2023 and quite a positive outlook towards 2028. Nordea’s Head of Climate & Environment, Peter Sandahl, comments on the report.
Sweden will see weak economic growth in the near term. Inflation will likely normalise and interest rates go down this year, which will provide support and lower the risks of a deep recession. However, the interest rate level will stay higher than before the pandemic.
Central banks will be reversing their monetary policies and start cutting rates in the coming months. The weak economic outlook and resultant declining price pressure trend are the biggest reasons for the turnaround.
High interest rates have sent the Finnish economy into a recession. The outlook for the first half of the year is unfavourable for private consumption, construction and exports alike.
Finland is in desperate need of investments in education, research and development in order to boost productivity growth, which has stalled for the past 15 years, to being on par with peer countries.
Chief Economist's Corner: A challenging year lies ahead
Developments in the world economy and the financial markets in 2023 were fortunately much better than feared. Now a new year awaits us, which already promises to be very challenging, according to Nordea Group Chief Economist Helge Pedersen.
Meet our chief economists – with a finger on the economic pulse
Where are the Nordic economies headed? What can we expect from markets? The job as a chief economist is about being able to analyse and interpret economic data and trends, combining it all into an outlook.
The Nordea On Your Mind team takes a deep dive into generative AI in their latest podcast and discusses how generative AI could affect the Scandinavian labour market in the years ahead.
“Brave new world” is the title of Nordea’s 2023 Treasury Survey, reflecting a new paradigm of inflation, higher interest rates and geopolitical risks. How are treasurers responding to the changed risk landscape?