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Bank keeps rates unchanged as...........>

NORGES BANK
NORGES BANK: Bank keeps rates unchanged as expected, with all focus turning to
the policy path projections, which are more hawkish than expected. The Bank
write that "The policy rate forecast implies a rate at the current level over
the next couple of years, followed by a gradual rise as economic conditions
normalise."
- The policy path projections were flat at 0% out to the end of the forecast
horizon, but have now shifted higher to show Q4 2023 rates at 0.65%.
- As a result, EUR/NOK has dropped sharply, falling to new weekly lows of
10.6611.

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