Research
Tip: To personalise the research list, click the gear symbol above.


Choose type:


Macro Comment NorwayNorges Bank to wait and see in September

Download

Global risks have weakened the outlook for Norway's trading partners, but they have also weakened the NOK exchange rate. In sum, we believe these factors should be neutral to monetary policy. At home, the real economy is performing much as expected, while inflation is running lower than Norges Bank's forecast. We believe Norges Bank will hold its fire in September, but maintain its forecast for one or two more policy rate hikes. Eventually, we believe Norges Bank will have to call off further hikes as the global gloom weighs on Norway.

Disclaimer

Kari Due-Andresen

Chief Economist Norway

Norway and UK

kadu01@handelsbanken.no

Latest analyses

2019-10-14

Morgenrapport Norge

2019-10-11

Morgenrapport Norge

2019-10-09

Konjunkturrapport