Omicron means that a Norges Bank rate hike next Thursday is no longer as nailed on a prospect as it once was, but we still think that policymakers will decide to raise rates to +0.50%. Meanwhile, although the SNB has let the franc rise in recent weeks, it will reiterate its willingness to intervene “as necessary”.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.