On Thursday 24 March, the table is set for an interest rate meeting at Norges Bank.
It is expected that the key policy rate will be raised from 0.25 to 0.75 per cent, but we can also expect a new and stricter plan for interest rate increases. This is what the chief economist at Handelsbanken says in the Financial News.
He reckons that the central bank will add up to four more interest rate increases this year.
– How high we get in 2023 is almost more exciting, he says about the new interest rate path that will be presented.
Gonsholt Hov believes that Norges Bank was early on to start raising interest rates when it saw inflation rise, but points out that the Norwegian central bank has also fallen behind in his assessment, now that inflation is so high in many countries.
See the full interview with Gonsholt Hov here:
Both the US and British central banks raised their key interest rates this week. Next week, Norges Bank will also step in, predicts chief economist Marius Gonsholt Hov at Handelsbanken. He comes to the studio to talk about interest rates, inflation, wage settlements and the task ahead of central bank deputy Ida Wolden Bache. 17.03.2022
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