Nerve-wracking interest thriller: – Can it collapse
Economists disagree about interest rate hike. This could be decisive.
Nordea's macro and currency strategist, Sara Midtgaard, expects Norway's central bank, led by Ida Wolden Bache, to keep interest rates unchanged at 4.25% on September 24, and instead raise them to 4.5% in November. The decision will be influenced by inflation data, which showed a 3.3% increase in August, and the krone's recent strengthening. Economists have been divided on whether the central bank will raise rates to 4.5% or keep them steady, with some predicting a rate hike in September and others in November.
Written by urgent.news from E24 Norway's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
