Norway - Norges Bank decision on interest rates. Actual: 4.25%. Forecast: 4.25%. Earlier: 4.00%
Norges Bank will likely need to maintain a tight stance for some time ahead, sees 2025 key policy rate level at 4% vs June forecast of 3,7%. Norges Bank said it would likely hike again in December.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appIt maintains inflation projections at 6.3% for this year and sees slightly higher inflation in 2024 at 4.7% (previously 4.6%).
The EURNOK is falling sharply in the face of indications of another hike this year. Interestingly, the correlation with oil has diverged somewhat.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
