Nordea Bank Abp (OTCPK:NRDBY)
$ 11.44 0.12 (1.06%) Market Cap: 39.97 Bil Enterprise Value: 188.31 Bil PE Ratio: 7.39 PB Ratio: 1.22 GF Score: 69/100
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Nordea Bank Abp Economic Outlook Call Transcript

Jan 24, 2024 / 10:00AM GMT
Release Date Price: $12.16 (+1.42%)
Terry Baynes

Hello, and welcome. My name is Terry Baynes. And today, I am very happy to have with me in our studio, Nordea's Group Chief Economist, Helge Pedersen. He's going to present our brand-new economic outlook.

The webinar will last roughly 30 minutes. Helge will give his presentation first, and then we will have a brief Q&A session at the end. After the webinar, you will receive a survey and we would really appreciate it if you would take a couple of minutes to provide your feedback.

Without more from me, I will hand it over to Helge.

Helge J. Pedersen
Nordea Markets, Economic Research - Group Chief Economist

Thanks a lot, Terry, and it's welcome for me once again to walk you through our new economic outlook past the peak. And actually, the title is a reference to interest rates, which we believe now have peaked. And that we will see central banks beginning cutting phase of rates throughout the year.

But let's start with the big picture. And actually, the global economy performed somewhat better than could have been feared

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