SESA Bank of Sweden: It is expected that the globa

Aihucha News on August 30: In the latest quarterly macro report "Nordic Outlook", we predict that the global economy will experience weak growth in 2023 and 2024, but will still experience a relatively soft landing. Inflation in the United States and the euro area is falling and will approach target by the end of 2024. We expect both the Fed and the ECB to have peaked in policy rates and expect rate cuts to begin in the second quarter of 2024. In Norway, the overall outlook for the economy remained unchanged. Economic activity remains positive in the first half of 2023, but growth momentum slows markedly. Going into 2024, the growth momentum will weaken. Norway's GDP growth is expected to slow to 0.8% in 2023 and 0.5% in 2024. A rebound in both residential investment and private consumption will drive GDP to a trend-on-trend rate of 1.2% by 2025.