Free Trial

JP Morgan See Little Chance of Change to Forward Guidance

NORGES BANK
  • JPM see policy unchanged and think the Norges Bank's forward guidance is unlikely to change much. Instead they think that the central bank wants to wait to assess more incoming data ahead of its September meeting, when also new forecasts will be published.
  • They continue to expect the Norges Bank keeping the policy rate unchanged this year and in 2021, and currently see the risks to the Norges Bank's policy rate projection from June as balanced or slightly to the upside of an earlier hike in 2022, if economic developments do not deteriorate.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.