Norway's Central Bank Pushes Out Rate Cut Guidance, Notes Scotiabank

MT Newswires05-03

Norway's Norges Bank Friday offers a loose reference for other central banks such as the Bank of Canada (BoC) that are significantly influenced by commodity markets, noted Scotiabank. Norges Bank ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2432976258?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-03 19:46","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2432976258","market":"us","top_or_hot":-1,"title":"Norway's Central Bank Pushes Out Rate Cut Guidance, Notes Scotiabank","media":"MT Newswires","content":"<div>\n<p>Norway's Norges Bank Friday offers a loose reference for other central banks such as the Bank of Canada (BoC) that are significantly influenced by commodity markets, noted Scotiabank. \n\n Norges Bank ...</p>\n\n<a href=\"https://finance.yahoo.com/news/norway-apos-central-bank-pushes-114628371.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Norway's Central Bank Pushes Out Rate Cut Guidance, Notes Scotiabank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNorway's Central Bank Pushes Out Rate Cut Guidance, Notes Scotiabank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-03 19:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/norway-apos-central-bank-pushes-114628371.html><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Norway's Norges Bank Friday offers a loose reference for other central banks such as the Bank of Canada (BoC) that are significantly influenced by commodity markets, noted Scotiabank. \n\n Norges Bank ...</p>\n\n<a href=\"https://finance.yahoo.com/news/norway-apos-central-bank-pushes-114628371.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BNS","symbol_name":"丰业银行","start_time":0,"source_url":"https://finance.yahoo.com/news/norway-apos-central-bank-pushes-114628371.html","article_id":"2432976258","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432976258","pubTimestamp":1714736788,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Norway's Norges Bank Friday offers a loose reference for other central banks such as the Bank of Canada  that are significantly influenced by commodity markets, noted Scotiabank.Norges Bank held at 4.5% as universally expected but also sounded like it is in less of a rush to ease which many had expected, stated Scotiabank.New forecasts are due with the June 20 decision, but for now, the verbal guidance pushed out prior guidance for when to expect easing and retained a bidirectional willingness to tighten or ease depending on the data, said the bank.\"....the policy rate will likely be kept at today's level for some time ahead.\". \"Price inflation is slowing but is still markedly above target. Business costs have increased sharply in recent years, and high wage growth and a weaker krone are contributing to keeping inflation elevated.\". \"The data so far could suggest that a tight monetary policy stance may be needed for somewhat longer than previously envisaged.\" Scotiabank recalled that a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BNS":"丰业银行","BK4207":"综合性银行"},"translate_title":"加拿大丰业银行指出，挪威央行推出降息指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BNS":0.9},"content_text":"Norway's Norges Bank Friday offers a loose reference for other central banks such as the Bank of Canada (BoC) that are significantly influenced by commodity markets, noted Scotiabank. \n\n Norges Bank held at 4.5% as universally expected but also sounded like it is in less of a rush to ease which many had expected, stated Scotiabank. \n\n New forecasts are due with the June 20 decision, but for now, the verbal guidance pushed out prior guidance for when to expect easing and retained a bidirectional willingness to tighten or ease depending on the data, said the bank. \n\n According to Scotiabank, key points included:\n\n \"....the policy rate will likely be kept at today's level for some time ahead.\"\n\n \"Price inflation is slowing but is still markedly above target. Business costs have increased sharply in recent years, and high wage growth and a weaker krone are contributing to keeping inflation elevated.\"\n\n \"The data so far could suggest that a tight monetary policy stance may be needed for somewhat longer than previously envisaged.\" Scotiabank recalled that at the March meeting, Norges Bank had said \"the policy rate will be held steady in the period to autumn before it is gradually lowered.\"","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432976258"}