Norges Bank Set to Hold, All Eyes Fixed on Rate Path
(Bloomberg) -- Norway’s central bank is likely to keep its key policy rate unchanged when it meets on Thursday, but Bloomberg Economics expects policy makers to tweak the outlook for rates to flag a liftoff this year. The economy will experience only a slight blow from the second set of containment measures imposed early this year, allowing Norges Bank to prepare for a recovery. BE forecasts the benchmark rate will increase to 0.75% in the second half of 2022.
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