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Results: listing 1 - 6 of 207 for “Fiscal Policy”

Fast Comment Norway — Slightly contractive fiscal budget; below Norges Bank's expectations

  1. Slightly contractive fiscal budget; below Norges Bank's expectations
  2. If anything, it strengthens our call for Norges Bank to keep its policy rate unchanged
  3. Manufacturing output softening

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Preview: Fiscal budget for 2020 and core inflation for September

  1. Core inflation (CPI-ATE) hovering around target
  2. The budget proposal should be a non-event for financial markets
  3. Norges Bank to keep its policy rate unchanged for the foreseeable future

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Sweden — Economy has cooled more than we thought - revised historic national accounts; updated Q2 GDP estimate

  1. Our forecast for 2019 GDP looks too high, but probability for our below-consensus 2020 forecast rises
  2. Slow growth strengthens our call that Riksbank rate rises will ultimately be cancelled
  3. Are macro risks larger than we thought? Household savings much lower ahead of a deteriorating economy

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Norway — Revised fiscal budget for 2019: Surprisingly expansionary

  1. Revenue spending increasing to NOK 238bn this year, up from NOK 220bn in 2018
  2. Fiscal impulse of 0.5 percent this year, above Norges Bank's estimate
  3. All else equal: increases the possibility for two more rate hikes this year

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Neutral fiscal budget for 2019; still a positive trend in manufacturing output

  1. Neutral budget proposal for 2019; fiscal impulse calculated to be 0.0 p.p
  2. Neutral for the outlook for the key policy rate path
  3. Slight decline in manufacturing output in August; trend still positive

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Preview: Fiscal Budget 2019, core inflation and manufacturing output

  1. The budget proposal for 2019 should be a non-event for the market
  2. Core inflation expected lower in Sep; we expect 1.7 pct, Norges Bank 1.6 pct
  3. Manufacturing probably pulled back a bit in Aug; trend still positive

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no