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Results: listing 25 - 30 of 768 for “Norges Bank”

Fast Comment Norway — Credit indicator growth fell a bit more than expected in January

  1. C2 down to 6.1 percent in Jan, following 6.4 percent in Dec
  2. A bit below market expectations (6.2 percent in Jan)
  3. Lower debt growth for both households and non-financial corporations

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

Fast Comment Norway — Preview: Credit indicator growth (C2), survey and registered unemployment

  1. We expect a slight decline in household debt growth in January
  2. Further labour market improvements are expected...
  3. ...as we expect a slight decline in both survey and registered unemployment

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

Fast Comment Norway — Norges Bank guides for an earlier interest rate increase (September)

  1. Norges Bank on hold, as widely expected...
  2. ...but signaling a rate hike in September
  3. Lower inflation target implies lower nominal rates in the long run

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

Macro Comment Norway — Lower inflation target only affects interest rates long term

News since Norges Bank's December meeting suggests a slightly higher policy rate path. We believe the new path will indicate an interest rate hike sometime after summer. The lowering of the inflation target to 2.0 percent should not affect policy in the short term, but the neutral level for the policy rate is also equally lower, implying lower nominal rates in the long term. 

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

Fast Comment Norway — Core inflation well below Norges Bank’s short-term estimates

  1. CPI-ATE at 1.4 percent in Feb, as we had expected
  2. Consensus was for 1.3 percent, while Norges Bank forecast 1.7 percent
  3. CPI-ATE has remained around 0.3 p.p. below Norges Bank's short-term estimates for Jan and Feb

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

Fast Comment Norway — Regional network: Higher output growth, well above Norges Bank's estimates

  1. Six-month outlook has improved significantly
  2. Short-term estimates stronger than anticipated by Norges Bank
  3. In isolation, this calls for an upward adjustment to the policy rate path

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