The fact that core inflation fell and the headline rate was unchanged in December confirms that Norges Bank’s most recent interest rate hike will have been the last in this tightening cycle. We think price pressures will continue to ease over the coming months, enabling the Bank to begin easing policy from Q2.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services