Danske Bank analysts note that the Norges Bank left the sight deposit rate unchanged at 1.00% in a decision widely expected by both markets and analysts. Key Quotes “The board concluded: ‘The Executive Board’s current assessment of the outlook and balance of risks suggests that the policy rate will most likely be raised in June’ . In other words, the central bank sharpened the message from the monetary policy meeting in March, by more explicitly mentioning June as the timing of the next hike.” “In the evaluation of the domestic economy, Norges Bank mentioned capacity utilisation seems to be rising further, the labour market remains tight and wage growth is improving as expected. In addition, core inflation has been higher than expected and the import-weighted NOK is weaker despite a higher oil price.” “In summary, Norges Bank clearly clarified that markets should expect a rate hike in June, unless a considerable shock hits the economy. Our call remains that of two additional rate hikes in 2019 (June and December).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Facebook gives crypto related ads greenlight FX Street 3 years Danske Bank analysts note that the Norges Bank left the sight deposit rate unchanged at 1.00% in a decision widely expected by both markets and analysts. Key Quotes "The board concluded: 'The Executive Board's current assessment of the outlook and balance of risks suggests that the policy rate will most likely be raised in June' . In other words, the central bank sharpened the message from the monetary policy meeting in March, by more explicitly mentioning June as the timing of the next hike." "In the evaluation of the domestic economy, Norges Bank mentioned capacity utilisation seems to be rising… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
