Breaking ranks, Norway signals 4 rate hikes by mid-2022

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Breaking ranks, Norway signals 4 rate hikes by mid-2022

Reuters2021-06-17

* Norges Bank holds base rate at 0% * But govenor signals hikes in each of next four quarters * Likely to be first G10 central bank to hike rates * By contrast, no change to ultra-loose outlook for ...

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Eelheis
·2021-06-21
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Orangejus
·2021-06-18
Well luckily the Norwegian kroner isn’t the reserve currency
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BabyVee
·2021-06-18
.
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Kimmikim
·2021-06-17
Life
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Charlotte26
·2021-06-17
[Smile]
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Ajloo
·2021-06-17
Wow
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Feishawn
·2021-06-17
Wow rate hike so soon
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JohnWL
·2021-06-17
Hmmmmm
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jiayanliaw
·2021-06-17
?
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Sky0501
·2021-06-17
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At319
·2021-06-17
Jkk
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Hayleywills
·2021-06-17
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- JohnWL:
  Commented
  2021-06-17
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Hayleywills
·2021-06-17
Great
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acumen
·2021-06-17
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- JohnWL:
  Commented
  2021-06-17
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求老师指点
·2021-06-17
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weiren88
·2021-06-17
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DianaTan
·2021-06-17
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2
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OpenSesame88
·2021-06-17
GG
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roastmarsh
·2021-06-17
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- SunnyBoyz:
  Ok
  2021-06-17
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jojomarsh
·2021-06-17
Pls help to like and comment
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- roastmarsh:
  done
  2021-06-17
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- ZiXian:
  Same here pls
  2021-06-17
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It then fell back to 10.21.\n“In the light of today’s hawkish message from Norges Bank, we will revise our policy rate forecast upward,” economists at Handelsbanken wrote.\nThe central bank said the monetary policy committee’s revised forecasts implied a slightly faster series of rate rises towards 2024 than in previous predictions issued in March.\nPart of the reason behind the accelerated timetable is a rapidly recovering economy.\nNorges Bank on Thursday held its forecast for GDP growth of 3.8% in 2021, but raised its prediction for next year to 4.1% from 3.4%.\nAnother factor is house price inflation, which has gathered pace since Norway cut rates three times last year to combat the impact of COVID-19, contributing to a property boom as borrowers took advantage of cheap credit.\nWhile core inflation was expected to ease to 1.7% this year from 3.0% last year, below the central bank’s 2% goal, it forecast house prices would rise by 9.2% in 2021 after expanding by 4.5% in 2020.\nIn a 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