Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The Norges Bank hold the bank rate unchanged at 0.75% as expected. However, some experts argued that the Bank may cut rate as fall in oil prices affected the economy. The oil price fell more than what the central bank anticipated and NOK depreciated below the central bank's target September. At the last meeting, there was a clear indication that expansionary fiscal policy against rate cut.
The overall inflation rate is above central banks's target, therefore, a rate cut will further increase the inflationary pressure.
"When the effect of the collapsing oil price was not yet fathomable, it will signal a rate cut for the next meeting under the condition that the economy remains weak and therefore puts stronger pressure on inflation medium term", says Nordea bank.
