Norges Bank: 25bps hike coming - TDS

Analysts at TD Securities and the markets are expecting the Norges Bank to buck 2019's dovish central bank trend with a 25bps hike in its key policy rate to 1.00%, with a continued commitment to hike again later this year (ie, an unchanged policy path forecast).

Key Quotes

“Norway has largely escaped spillovers from slowing growth in its neighbours, and inflation remains above target.”