Norges Bank to leave policy unchanged – TDS

Analysts at TD Securities are expecting the Norges Bank to leave its policy unchanged at 0.75%.

Key Quotes

“With no MPR forecast update, the communique largely centers on the statement and the Bank's messaging around a March rate hike, which was flagged as "most likely" in December.”

“We expect the Bank to reiterate its call for a March hike, undeterred by still elevated global uncertainty as the domestic data remains solid.”

“The AKU unemployment rate is released for November, with markets looking for an unchanged reading of 4.0%.”