Norges Bank softens hawkish tone, keeps rate at 4.25%

Societe Generale··NO·Read original
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Summary · why it matters

Norway's central bank kept its policy rate unchanged at 4.25% and softened its hawkish tone, according to Societe Generale. The bank still anticipates one further rate increase, but removed explicit guidance for a near-term hike. This dovish turn risks reducing the appeal of the Norwegian krone.

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