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NORGES BANK: Statistics Norway Expect Norges Rate Cut Early Next Year

NORGES BANK
Central Bank NewsCEEMEANorges BankBulletNorwayGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Statistics Norway Economic Trends Report here: https://www.ssb.no/en/nasjonalregnskap-og-konjunkturer/konjunkturer/statistikk/konjunkturtendensene/articles/highest-real-wage-growth-in-over-ten-years

"Norges Bank will likely try to avoid a further weakening of the krone. The central bank will probably wait to cut the interest rate until other central banks have significantly reduced theirs. The recent weakening of the krone means that the key policy rate will not be cut until the beginning of next year"

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Statistics Norway Economic Trends Report here: https://www.ssb.no/en/nasjonalregnskap-og-konjunkturer/konjunkturer/statistikk/konjunkturtendensene/articles/highest-real-wage-growth-in-over-ten-years

"Norges Bank will likely try to avoid a further weakening of the krone. The central bank will probably wait to cut the interest rate until other central banks have significantly reduced theirs. The recent weakening of the krone means that the key policy rate will not be cut until the beginning of next year"

Keep reading...Show less