The Riksbank’s decision to hike interest rates this week supported our long-held view that it would tighten policy more aggressively than investors anticipate. But the risks from high household debt and weak construction output are mounting. Meanwhile, tensions between the EU and Switzerland over their draft treaty are unlikely to disappear next year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.