Sweden's largest bank, SEB, raises 2022 GDP growth forecast to 0.5% and expects economy to accelerate to 2.8% in 2025.
Sweden's largest bank, SEB, raised its GDP growth forecast for 2022 to 0.5% from 0.1% due to better output growth. SEB's Chief Economist Jens Magnusson expects the economy to accelerate to 2.8% in 2025. The Riksbank is likely to cut interest rates from 4% in May, reaching 2.25% by October 2025. A rate cut in May is also predicted following the European Central Bank's recent monetary policy meeting.
May 02, 2024
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