The Norges Bank held interest rates on hold at 1.00% at its meeting on Thursday but signalled that it will “most likely” resume its tightening cycle at the next meeting, in June. Meanwhile, the minutes from the Riksbank’s April policy meeting further highlighted the divisions on the Executive Board over the Bank’s decision to buy more government bonds and election campaigning is now underway in Denmark ahead of the election on June 5th, which was announced this week.
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