Norges Bank (NB) to keep the sight deposit rate unchanged at 0.50% - Danske Bank

Research Team at Danske Bank expects Norges Bank (NB) to keep the sight deposit rate unchanged at 0.50% at today's meeting and over the next 12 months.

Key Quotes

“Economic data has on balance disappointed somewhat over the past months, but given the gradual improvement in activity, labour market status, higher foreign rates, the oil price rise and, not least, the housing market situation, we do not think NB sees a need to signal further monetary stimuli. Hence, we expect it to reiterate a 'neutral' bias.”