Norway: Norges Bank expected to raise rates - Nomura
|The research team at Nomura suggests that in Norway, Norges Bank is widely expected to raise rates at this Thursday’s meeting and the focus will then turn towards when the next hike will take place.
Key Quotes
“The current pace of tightening signals this could come in March, but we would not rule out a bank tightening at a faster pace.”
“We expect these themes to keep NOK supported in coming months. However, NOK positive catalysts are unlikely to last indefinitely. Once a few hikes in, Norges Bank may take a more data-dependent approach, akin to the Bank of Canada (BoC).”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.