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NOK to Drive Tightening Ahead

NORGES BANK
  • Bank expected to raise rates by 25bps, inline with the guidance handed down in March
  • Non-MPR meeting, so no new path projections due
  • Persistent weakness in NOK points to higher rate path going forward
Full preview including summary of sell-side views here: https://roar-assets-auto.rbl.ms/files/52716/MNINBP...

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