Norges Bank expected to cut rates by 25bps – TDS

FXStreet (Barcelona) – The TD Securities Team expects the Norges Bank to cut rates by 25bps in its policy meeting but refrain from signalling any further easing bias.

Key Quotes

“We look for the Norges Bank to still deliver another 25bps rate cut at this meeting, but we think that this will be a hawkish rate cut as it’s unlikely to signal any real chance of further easing from here. We can’t even rule out that the Norges Bank disappoints on the rate cut altogether, although 16 of 17 analysts in Bloomberg are with us in looking for the 25bps cut.”

The TD Securities Team expects the Norges Bank to cut rates by 25bps in its policy meeting but refrain from signalling any further easing bias.

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