UPDATE 1-Denmark central bank expects 'moderate boom' on private demand

Denmark's central bank expects the economy to enter a "moderate boom" this year and the next, buoyed by strong private demand and high savings accumulated during the pandemic. "With the economy heading for a mild boom, the government should be prepared to tighten fiscal policy more than planned," central bank governor Lars Rohde said. The central bank forecast 3.3% growth this year and 3.7% in 2022, up from a previous forecast of 1.4% and 4.5%, respectively.

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