Nordic & Swiss Central Bank Watch Norges Bank eyeing tighter macroprudential policy The Norges Bank will almost certainly leave its key interest rate on hold at zero next Thursday, but there is an outside chance that it could start to re-tighten macroprudential policy to tame the... 14th January 2021 · 5 mins read
Nordic & Swiss Central Bank Watch SNB & Norges Bank set to maintain the status quo We do not expect the Swiss National Bank or the Norges Bank to throw up any festive surprises at their final policy announcements of the year next Thursday (17th December). Vaccines point to brighter... 10th December 2020 · 6 mins read
Nordic & Swiss Central Bank Watch Riksbank to pre-empt ECB easing next week The Riksbank is likely to leave its repo rate on hold at zero next Thursday (26th November). But with the economy heading south, and the ECB gearing up to ease again, we think there is a good chance... 19th November 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Don’t expect any fireworks next week The Norges Bank will almost certainly leave its key interest rate on hold at zero next Thursday and will probably reiterate that it is in no rush to hike. However, given the backdrop of rising house... 29th October 2020 · 5 mins read
Nordic & Swiss Central Bank Watch SNB to hold again; Norges Bank set for hawkish shift We expect the Swiss National Bank and the Norges Bank to both leave their policy settings unchanged next Thursday (24th September). But while the former will no doubt sound as dovish as ever... 17th September 2020 · 6 mins read
Nordic & Swiss Central Bank Watch Riksbank to keep policy settings on hold next week After a tweak-laden last policy meeting, the Riksbank is likely to maintain the status quo next Tuesday (22nd September). While there is no burning platform for policy change, we think that the next... 15th September 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Norges Bank to maintain the status quo The Norges Bank will almost certainly leave its key interest rate on hold at zero next Thursday (20th August), and we expect it to reiterate that it is in no rush to tighten policy. 13th August 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Riksbank set to keep its powder dry next week While we still expect the Riksbank to cut its repo rate back into negative territory later this year, it is set to keep its powder dry at its policy announcement next Wednesday (1st July). 24th June 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Brace yourself for two boring policy meetings The Swiss National Bank and the Norges Bank are all but certain to leave their policy settings unchanged at the scheduled announcements next Thursday (18th June) and for the foreseeable future. 11th June 2020 · 6 mins read
Nordic & Swiss Central Bank Watch Norges Bank set to continue its easing cycle next week Given the toxic combination of Covid-related disruption and precipitous plunge in oil prices, we think that the Norges Bank’s easing cycle has further to run. Whereas financial markets are pricing in... 1st May 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Negative rates to come back on agenda before long Having pulled out all the stops since its last scheduled policy meeting, in February, we suspect that the Riksbank will take stock next week. However, as the focus shifts away from monetary... 23rd April 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Norges Bank to use its monetary space Amid a raft of rate cuts by other G10 central banks, and the recent plunge in oil prices, we have pencilled in a 50bp rate cut at the Norges Bank’s meeting next Thursday. We expect policymakers to... 11th March 2020 · 5 mins read
Nordic & Swiss Central Bank Watch Further rate cuts in the pipeline We expect the Riksbank and the Norges Bank to leave interest rates on hold at their policy meetings this week. Elsewhere, we think that the Central Bank of Iceland will cut rates at its next meeting... 22nd October 2019 · 8 mins read
Nordic & Swiss Central Bank Watch One more hike by the Norges Bank; SNB to cut further Investors have moved in line with our previously uber-dovish forecasts for the SNB and the Riksbank in recent months. Meanwhile, although further tightening is in the pipeline in Norway, investors are... 8th August 2019 · 8 mins read
Nordic & Swiss Central Bank Watch Norges Bank going it alone, SNB and Riksbank on hold We expect policymakers in Norway, Switzerland, Iceland, and Sweden to all leave interest rates unchanged at their next policy meetings over the coming weeks and months. In the case of the Norges Bank... 8th May 2019 · 1 min read
Nordic & Swiss Central Bank Watch Norges Bank to hike, but rates on hold elsewhere The Norges Bank is all but certain to increase interest rates to 1.0% at its policy meeting next week. In contrast, we expect policymakers in Switzerland and Iceland to leave rates unchanged at their... 14th March 2019 · 1 min read
