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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.
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Free AccessNordea Raise Forecast for 2023 Hikes
- Nordea update their view for Norges Bank policy across 2023, and now see the bank raising the key rate "four times this year and four times next year – bringing the key rate to 2.5% by end-2023. Our previous call was for four hikes this year and two more in 2023 (implying a key rate at 2% in 2023).
- They see this rate as above the neutral level estimated by the bank board, with the Q1 Regional Network survey showing an economy that has gone from warm to reaching boiling point.
- The domestic economy has been faring much better than foreseen by Norges Bank in December when Omicron clouded the outlook, and the unemployment rate will fall further ahead.
To read the full story
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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.