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Jenny355

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Jenny355

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Wednesday, 06/20/2018 5:56:49 AM

Wednesday, June 20, 2018 5:56:49 AM

Post# of 197570
Norway Seen Setting Marker for First Rate Hike in Seven Years
By Sveinung Sleire
June 20, 2018, 8:00 AM GMT+5
Policy makers seen lifting rate path to signal coming hike
Norway’s economy has left oil shock behind after four years
Norway’s central bank is seen firming up plans to lift interest rates “after summer” as the richest Scandinavians leave their oil shock behind them.

As Norway moves from a recovery to an outright expansion, policy makers in Oslo are becoming less focused on the krone and are preparing to tighten ahead of colleagues in Frankfurt and Stockholm.

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