others
25 bps hike, final rate increase to 4.25% will come in September – Nordea – Crypto News
The outcome of Norges Bank’s August meeting was as widely expected. Economists at Nordea expect a final rate hike to 4.25% from Norges Bank in September.
One more to come
Norges Bank increased the key rate by 25 bps to 4.0% and signalled another hike in September.
We expect a final rate hike to 4.25% in September, however, markets are leaning towards a peak rate at 4.5% in December.
There were almost no reactions to the outcome in rate markets, while the NOK strengthened minorly with EUR/NOK falling to 11.50 from 11.56.
-
Cryptocurrency1 week agoOpenAI’s GPT-6 Astra Is Shockingly Good at Almost Everything – Crypto News
-
De-fi5 days agoMemecoin degens are providing the spark for Wall Street to turn stock tokens into real capital – Crypto News
-
Cryptocurrency4 days agoThe dilution trap where Bitcoin holdings rise while shareholder value stalls – Crypto News
-
Blockchain2 days agoWhy Clichmont Is Building AI Infrastructure Instead of Renting It – Crypto News
-
De-fi1 day agoXRP holders could earn new yield, but getting out may take up to 60 days – Crypto News