MacroBrew - NOK and SEK: Will Scandinavia Remain Under Pressure?
In this episode of our MacroBrew fireside podcast series, we talk with George Moran from the European Economics team about Norway and Sweden with their currencies trading near multi-year lows.
- Norway and Sweden are particularly vulnerable to rate hikes, and will perhaps feel the pain more than other countries
- With Sweden’s inflation above 10%, much higher than Norway’s 6%, does that lead to a more hawkish Riksbank?
- A lot of focus in Norway is also on the energy sector given it’s such a large component of its exports
In this episode of our MacroBrew fireside podcast series, we talk with George Moran from the European Economics team about Norway and Sweden with their currencies trading near multi-year lows. We discuss whether the macroeconomic outlook justifies the currency weakness, and how will the Riksbank and Norges bank respond.
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Contributor
George Moran
Week Ahead Podcast Host and European Economist
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