Economic Outlook: Contraction in Sweden, Resilience in US Job Market, Rising Inflation in Colombia, Delinquent Loans in Peru, Positive Outlook for US Interest Rates

Nordea Bank predicts a deeper contraction in Sweden's GDP in 2024 due to higher interest rates. The US job market shows resilience but inflation remains a concern. Colombia's central bank raises its 2023 inflation outlook. Credicorp warns of a surge in delinquent loans in Peru due to the country's recession. The Federal Reserve's higher-for-longer interest rates may be good news for the economy.