We won’t talk too much about today’s Fed meeting and Janet Yellen’s final press conference, you will already be well versed on that. However, as the Fed raises rates again, many analysts expect very little chance of rates rising in the UK, even as inflation has risen above 3%. Indeed, it has probably peaked and Keith Grindley from Macro Thoughts outlines the reasons why inflation is likely to trend lower in 2018, and the UK economy may see the benefits of growth. Take that dooms sayers. Sweden’s housing market is getting a lot of attention currently, and tomorrow sees the latest house price data, and as Nordea points out below, the numbers aren’t likley to be pretty. Meanwhile in the US, SG reckons the Democrats win in Alabama overnight is probably bad for the dollar and as Saudi prepares to hire banks for the Aramaco IPO next year, Capital Economics assess the rising political risk in the Kingdom.