Newsquawk Central Banks - PREVIEW: Norges Bank rate decision due Thursday 22nd September 2022
SourceNewsquawk
SectionOther Central Banks
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- Expected to hike by 50bp to 2.25% and present a hawkish revision to the Repo Path.
- Action which is merited by the current inflation backdrop and ongoing concern around its trajectory.
- However, a more-hawkish announcement cannot be ruled out, particularly given aggressive action from peers and the weaker NOK; though, the consumption implications perhaps lessen such a view.