Nordic & Swiss Economics Update Surprise hike by Norges Bank and plenty more to come Today’s surprise hike in interest rates by the Norges Bank lifts the official rate by 25bps to 3.75% andreopens a positive interest rate differential with the euro-zone for the first time in three... 24th January 2007 · 1 min read
Nordic & Swiss Economics Update SNB signals further rate hikes to come Today’s decision by the Swiss National Bank (SNB) to raise the target mid-point for the 3 month Libor by 25bps to 2.0% came as no surprise whatsoever. After all, the press statement accompanying its... 14th December 2006 · 1 min read
Nordic & Swiss Economics Update Norges Bank signals next move likely to be March The Norges Bank hiked interest rates by 25bps to 3.5% today. This marks the seventh step in thetightening cycle which began in June 2005 and keeps rates tidily in line with those of the euro-zone.(See... 13th December 2006 · 1 min read
Nordic & Swiss Economics Update Norges Bank signals significant further tightening The Norges Bank hiked interest rates by 25bps to 3.25% today. This marks the sixth step in the tightening cycle which began in August 2005 and keeps rates tidily in line with those of the euro-zone.... 1st November 2006 · 1 min read
Nordic & Swiss Economics Update SNB continues to remove monetary stimulus It came as no surprise at all that the Swiss National Bank (SNB) today raised rates by a further 25bps (bringing the mid-point of its target range for the three month Libor to 1.75%). After all, the... 14th September 2006 · 1 min read
Nordic & Swiss Economics Update SNB well on the road to ‘normalisation' Today’s decision by the Swiss National Bank (SNB) to raise the target mid-point for the 3 month Libor by 25bps to 1.5% came as very little surprise. Like the latest rise in ECB rates, today’s hike... 15th June 2006 · 1 min read