April 11, 2022
FLASH: Norway inflation in March-22
NO CPI 4.54 % (Heteronomics: 4.41%, Consensus 5.0%)
March 24, 2022
Norges Bank Hike Extends to a Trail Run
- The Norges Bank raised rates again to 0.75% and increased expectations for further policy tightening in June and the six subsequent quarterly MPRs.
- Inflation is uncomfortably high, including on underlying measures. Worrying potential second-round effects are also adding to price stability risks.
- The countercyclical capital buffer is rising to 2.5%, where it was before Covid. Separately, Ida Wolden Bache was appointed Governor for the next six years.
By James Pressler
