- Norges Bank: A hawkish hold should partly shield the NOK – ING
Market news
13 tháng 12 2023
Norges Bank: A hawkish hold should partly shield the NOK – ING
Norges Bank meets on Thursday. Economists at ING analyze how the Interest Rate Decision could impact the Krone.
Norges Bank set to keep rates on hold amid lower energy prices
Lower oil prices and growing anticipation of rate cuts from the global central banks have taken the pressure off Norway's central bank to hike rates one last time in December.
We expect an on-hold decision but expect the bank's new rate projection to push back against expectations of imminent rate cuts in 2024.
A hawkish hold should partly shield the Krone.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page