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Uncertainty continues to frustrate forecasters

Uncertainty continues to frustrate forecasters

Publicerat av Tony Harkén Thursday, 27 December 2012.

Economic policy uncertainty has increased in recent years, and has made recessions deeper and recoveries slower.

Going forward, the uncertainty index shows an upturn in the US as it faces the fiscal cliff, and a small decrease in the euro area in line with the steps taken to ease concerns about a euro collapse. Still, uncertainty levels are high and point to worse economic developments ahead than if uncertainty was lower. The good thing – it is not too late for politicians to make a difference!

Swedbank - Cecilia Hermansson

Publicerat av

Tony Harkén

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