June 23, 2022 07:53 GMT
- 10 minutes until the Norges Bank rate decision - median looks for a 25bps hike, but all sell-side analysts recognise the risk of a 50bps hike at today's meeting.
- The rate path projections are expected to steepen, putting rates north of the bank's assessment of neutral (~1.7%) before year-end.
- Worth watching out for whether the bank name check August as the next most likely hike meeting - this would be a signal that the bank are accelerating their tightening cycle (current pace is 25bps per quarter).
- Full MNI preview here: https://marketnews.com/mni-norges-bank-preview-jun...