NOK/EUR - Corona Norvegese Euro

Titolo: DJ Norges Bank Seen Sticking to Gradual Hiking Approach -- Market TalkOra: 19/06/2023 14:30Testo: 1229 GMT - Norges Bank is certain to raise rates after strong inflation readings, but while expectations for a 50 basis points rate hike this week have increased, SEB believes a 25 basis points increase and higher rate path will be the preferred move. Inflation is substantially above the central bank's trajectories and price pressures appear both strong and broadly based, SEB analysts say in a note. The weak krone combined with higher-than-expected wage growth will lift the medium-term inflation trajectory as well, SEB adds. The bank expects an upward adjustment to the rate path to signal a "higher for longer" policy rate.

Titolo: 10:14 DJ Norway Inflation Stengthens Case For More Central Bank Tightening -- Market TalkTesto: 0814 GMT - Following May's stronger-than-expected inflation data in Norway, a rate hike by Norges Bank later this month looks nailed on, Capital Economics deputy chief eurozone economist Jack Allen-Reynolds says in a note. Core inflation rose to 6.7% from 6.3% while the central bank's March forecasts showed the measure averaging 6.0% in 2Q, but it now seems likely to be around 6.5%, he says. Norges Bank said after its last meeting that it would most likely raise rates again in June, and given policymakers' caution, another 25 basis point increase still seems most likely. "But with inflation a lot higher than expected, and house prices rebounding, a 50 basis points hike is not out of the question."

accumulo per risalita....long