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Norges Bank hikes 50bps; more to come?
If inflation continues to increase in Norway, expect that the Norges Bank will continue to hike rates!
Norges Bank surprises and hikes 50bps
Concerns of a rising inflation with a tight labor market were the reasons for the greater magnitude in the hike.
USD/NOK getting knocked around
There are many variables in play this week which already have USD/NOK up 1.5% this week.
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USDNOK at 13.5-year high, but more upside still possible
Heading into today’s Norges Bank meeting, most analysts weren’t really sure what to expect. According to a pre-meeting survey, about one-third of economists were anticipating […]