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MNI INTERVIEW (RPT): Norges To Hike 25Bps A Meeting-Governor

(MNI) London
MNI (Oslo)

Following its 50-bps rate increase in June, Norges Bank's rate path is compatible with more frequent hikes, at 25 bps a meeting, Governor Ida Wolden Bache tells MNI.

(Repeats article first published on June 23)

Norway’s central bank is heading towards four more 25-basis-point rate increases this year, though a weaker krone could prompt policy makers to consider a faster pace of tightening, Governor Ida Wolden Bache told MNI after Norges Bank upped the tempo of its hikes to 50 basis points at its June meeting.

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(Repeats article first published on June 23)

Norway’s central bank is heading towards four more 25-basis-point rate increases this year, though a weaker krone could prompt policy makers to consider a faster pace of tightening, Governor Ida Wolden Bache told MNI after Norges Bank upped the tempo of its hikes to 50 basis points at its June meeting.

Keep reading...Show less