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Results: listing 19 - 24 of 919 for “Norges Bank”

Fast Comment Norway — Norges Bank guiding more explicitly towards a rate hike in June; hawkish

  1. Policy rate kept on hold (1.0 percent), as widely expected
  2. The outlook for the key policy rate path is little changed...
  3. ...but Norges Bank is now guiding more explicitly towards a hike in June (not September)

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Manufacturing output down by 0.4 percent in Q1; well below expectations

  1. Manufacturing output fell further in March (-0.8 percent), well below expectations
  2. Output has declined by 0.4 percent in Q1, despite higher activity among oil-supplying industries
  3. Downside risks to the upcoming GDP print for Q1

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Registered unemployment falls to 2.3%, as expected

  1. Registered unemployment down to 2.3% in April, from 2.4% in March
  2. Labour market trend in line or slightly weaker than Norges Bank’s expectation
  3. Norges Bank will push rate rise to September

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Fast Comment Norway — Preview: Housing prices and core inflation in April

  1. Housing market: Still positive price outlook, albeit still modest
  2. Core inflation close enough to Norges Bank
  3. We maintain our call for a rate hike in September

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Preview Norges Bank - no change in May

    Policy rate to be kept unchanged at 1.0%Norges Bank’s Executive Board will meet on Thursday, May 9 to decide on monetary policy. There is no press conference after the May meeting; the central bank’s policy rate decision will be followed by a brief press release and a short assessment from the board about economic developments since March. It is as good as certain that the policy rate will be kept unchanged, at 1.

    Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Fast Comment Norway — Still weak trend in retail spending; LFS unemployment higher than expected by NB

  1. Retail sales up 0.6 pct in Mar, following a severe drop in Feb; slightly negative pace in Q1
  2. LFS unemployment unchanged at 3.8 pct in Feb, higher than anticipated by NB
  3. We still believe it is too soon for Norges Bank to hike its policy rate in Jun; we stick to Sep

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no