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NOK: Norges Bank seen hiking and guiding higher – Danske Bank
Danske Research Team expects the central bank of Norway, Norges Bank to raise its policy rate by 25bp to 4.25% at the interim meeting, arguing there is little reason to delay given earlier hawkish signals. They also look for verbal guidance towards a second hike in June, while noting housing and labour data suggest the cost of re-anchoring inflation expectations remains manageable. [...]