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25bps Rate Hike Expected, Fresh Path Projections Due

NORGES BANK
  • Onto the Norway decision in 10 minutes - markets expect a single hike of 25bps to 2.75% today. Fresh rate path projections and the full monetary policy report due, followed by a press conference 30 minutes later with governor Bache.
  • Focus will be on whether the bank signal that they are nearing the end of their tightening cycle, with peak rate estimated between 2.75 - 3.25% in H1 next year.

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