Norway’s Norges Bank leaves key rate unchanged at 0.5%

Norway’s Norges Bank just out with latest decision 26 Oct

  • decision unanimous
  • inflation and krone rate both weaker than expected
  • most conditions same as at prev meeting in Sept
  • improvement in labour market seems continuous
  • house prices fallen further than expected

NOK sees a little dip on the announcement                                                          USDNOK 15m                                                      EURNOK 15m Article Source

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