Luminor to Present New Economic Forecast Addressing Recession and Rising Interest Rates Luminor’s chief economist, Lenno Uusküla, will present the bank’s new economic forecast on Tuesday, September 13th at 11:00. The presentation will focus on the current economic recession, the continued rise in interest rates, and elevated price levels. Particular attention will be given to energy prices, with Uusküla expressing the belief that urgent intervention is required. The forecast indicates that reduced purchasing power among the population is impacting the real estate market, decreasing the ability of individuals to purchase new homes. Despite these challenges, the forecast anticipates a transition into a growth phase for the economy beginning in the new year. Topics: #economic #luminor #forecast Post navigation Heidi-Ingrid Maaroos, the celebrity, says: “A healthy body, a healthy mind!” The opening event of the sports week invites schoolchildren to run for charity
This forecast will be crucial for understanding the potential impact of these challenging economic conditions. Reply