Norges Bank, Riksbank and SNB expected to raise rates
High inflation and ECB tighter policy stance put pressure on eurozone’s neighbours
Central banks in Norway, Sweden and Switzerland are expected to accelerate their monetary policy normalisation, observers say.
Inflation is above target in all three countries. The European Central Bank’s two recent rate increases mean the eurozone’s neighbours need to avoid a weaker exchange rate and higher inflationary pressures.
The first policy meeting will take place in Sweden on September 20. At its latest meeting in June, Sveriges Riksbank increased the policy rate by 50 basis points to
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