Inflation risks trump growth risks for central banks

We have expanded our Executive Briefing to also give a high level update on Nordic Economies and financial markets. We hope you find it useful.

• Fear of inflation is increasingly supplemented by fear of recession as a market theme, not least in credit markets where spreads have widened very substantially.
• However, there were also large parts of June where markets moved in the other direction, and uncertainty and volatility is high in many markets.
• Both Sweden and Norway had 50bp rate hikes in June. Rate hikes look set to continue this year.

Read the article here

We have expanded our Executive Briefing to also give a high level update on Nordic Economies and financial markets. We hope you find it useful.

• Fear of inflation is increasingly supplemented by fear of recession as a market theme, not least in credit markets where spreads have widened very substantially.
• However, there were also large parts of June where markets moved in the other direction, and uncertainty and volatility is high in many markets.
• Both Sweden and Norway had 50bp rate hikes in June. Rate hikes look set to continue this year.

Read the article here