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Norges Bank's stance to underpin the crown

BUZZ-COMMENT-Norges Bank's stance to underpin the crown Mar 21 (Reuters) - Norges Bank kept to its December script with only a slight revision to its interest rate path at the March meeting. The crown has subsequently moved higher and should continue to draw strength from the central bank's stance. Norway's key rate was held at 4.5% as expected and the indication is that the first rate cut will not be seen before December 2024 .
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Norway's central bank governor eyes September rate cut

Norway's central bank governor eyes September rate cut OSLO, March 21 (Reuters) - The Norwegian central bank's rate path indicates that a first rate cut could come in September, Governor Ida Wolden Bache told a press conference on Thursday. Reporting by Terje Solsvik, editing by Gwladys Fouche
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Oil's rise to impact policymakers and FX at key time

BUZZ-COMMENT-Oil's rise to impact policymakers and FX at key time March 18 (Reuters) - Oil's rise is set to influence policymakers and currencies ahead of central bank meetings this week in the United States, UK, Japan, Australia, Norway and Switzerland, and the end of the financial year on March 31. There has been a $5/bbl rise in the price of Brent crude oil in the last few days and an almost $15/bbl increase since December.
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Viking cross could offer value below parity

BUZZ-COMMENT-Viking cross could offer value below parity March 15 (Reuters) - On central bank policy alone, the Norwegian crown could begin to drive home an advantage versus its Swedish counterpart and NOK/SEK push back above the parity level. A nervous calm is hanging over the broader NOK market, but the currency is standing 2% stronger than Norges Bank's expectations.
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Inflation drop unlikely to alter Norges Bank's stance

BUZZ-COMMENT-Inflation drop unlikely to alter Norges Bank's stance Mar 11 (Reuters) - Norway inflation numbers for February were clear below the Norges Bank's estimates and below the Reuters poll consensus but are unlikely to alter the central bank's position. February core consumer prices rose 4.9% yr/yr versus a 5.3% increase in January. The Norges Bank had forecast a 5.5% return while the Reuters poll had pointed to an unchanged 5.3% rise.
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