Nordic & Swiss Economics

Nordic & Swiss Economic Outlook

21 July, 2017

Sweden to lead the way with monetary tightening

Economic prospects are fairly bright in the Nordic and Swiss countries. Switzerland is benefitting from faster growth in the euro-zone, Swedish firms are optimistic about their prospects, and Norway is recovering from its oil-related slowdown. As Swedish inflationary pressures are building, we think that the Riksbank will tighten policy sooner and faster than most anticipate. As a result the krona looks set to rise sharply. While prospects for Switzerland have brightened, the Swiss National Bank

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