Norges Bank leaves its Key Policy Rate at 4.50% as expected; "the policy rate will most likely be kept at 4.5 percent to the end of 2024"

• "The Committee judges that a restrictive monetary policy is still needed to bring inflation down to target within a reasonable time horizon."
• "The outlook for the Norwegian economy does not appear to have changed materially since the previous monetary policy meeting. In its discussions up to this monetary policy meeting, the Committee gave weight to the fact that inflation has slowed faster than expected over the past year and that it was also lower in September than projected."
• "In its discussions up to this monetary policy meeting, the Committee gave weight to the fact that inflation has slowed faster than expected over the past year and that it was also lower in September than projected."

NOK:

• "But the krone depreciation in recent years and the rapid rise in business costs are likely to restrain further disinflation."
• "In its discussions up to this monetary policy meeting, the Committee gave weight to the fact that inflation has slowed faster than expected over the past year and that it was also lower in September than projected."
• "On the other hand, international policy rate expectations have increased, and the krone has been a little weaker than assumed."