Sep 24
Norway: Norges bank in a ‘wait-and-see’ stance
As widely expected Norges Bank today kept the monetary policy key rate unchanged at 5.75%. Hence, all focus was on the accompanying press release and the press briefing at 14.45 CET. In our view Norges Bank was relatively neutral and very cautious about giving any guidance to the market about future rate changes. Norges Bank is in a ‘wait-and-see’ or neutral stance.
