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Norges Bank to signal March rate hike

At its meeting on 24th January, the Norges Bank is likely to reiterate that it expects to raise interest rates in March, taking the key policy rate to 1.0%. But we think that its tightening cycle will be much slower than its forecasts imply. Meanwhile, at the central bank meetings in Switzerland and Sweden over the next few months, policymakers are likely to leave interest rates unchanged.

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