Norges Bank Rate Decision Looms as Hikes Bite, Chief Economist Says

Norges Bank is set to announce its latest policy decision on Thursday, with the chief economist suggesting that the peak in interest rates has been reached. The statement indicates that prior hikes are now having a tightening effect on the economy, but the central bank's forward guidance remains uncertain. This matters as it could signal a pause or pivot in Norway's monetary policy, affecting NOK and Nordic rates.

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