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(RPT)MNI NORGES WATCH: Inflation Doubts Over Hiking Slowdown

(MNI) London

Norges Bank moved early in the tightening cycle, but inflation may make it difficult for it to slow the pace of hikes.

(Repeats story first published on Nov 1)

Norges Bank’s own projections have suggested it will slow its pace of hiking to 25bps at its meeting this week, but higher-than-expected inflation has left analysts divided over whether it will be able to move as anticipated or feel obliged to announce another 50bp increase on Thursday.

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(Repeats story first published on Nov 1)

Norges Bank’s own projections have suggested it will slow its pace of hiking to 25bps at its meeting this week, but higher-than-expected inflation has left analysts divided over whether it will be able to move as anticipated or feel obliged to announce another 50bp increase on Thursday.

Keep reading...Show less