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NB Hike Rates by 25bps, Name Check March as Next Hike

NORGES BANK
  • In a slightly more hawkish than expected decision, the Norges Bank raise rates by 25bps to 0.50% and name check March as the most likely next date by which the bank will raise rates.
  • The new rate path raises the terminal rate to 1.75% - the rate deemed by the Norges Bank as being 'close to neutral':


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