Jun 28
Expectations of meeting at Norges Bank
Interest-rate announcement JB expectations: unchanged rates at 5.50% Market expectations: unchanged rates • In favour of unchanged interest rates: • The housing market has weakened • Slowing Norwegian and global growth • High money-market rates do some of the work for Norges Bank • In favour of an interest-rate hike: • Inflation is on the increase • Inflation expectations are high • The labour market is tight
