💱US Dollar/Norwegian Krone FX Spot Rate
USDNOK
▲ PositiveMonetaryrelevance
Norges Bank expected to hold rate at 4.25%, with subdued inflation, likely weakening NOK vs USD.
Impact on assets 1
Others
Nordea economists Kjetil Olsen and Sara Midtgaard expect Norges Bank to leave the policy rate unchanged at 4.25% at next week’s meeting. They highlight that June core inflation was well below the Bank’s projection and see July data remaining subdued.
Norges Bank expected to hold rate at 4.25%, with subdued inflation, likely weakening NOK vs USD.