POLL-Norway's central bank to hold rates next week but pinpoint hike [Reuters]
Dnb Asa (DNHBY)
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Source: Reuters
* Rate hike almost certain by year-end * Economists almost evenly split over possible Sept hike OSLO, June 11 (Reuters) - Norway's central bank is expected to leave its key policy interest rate unchanged next week at a record low 0.0% while confirming with near-certainty that a hike will come later this year, a Reuters poll of economists showed on Friday. The 26 participants in the poll were unanimous in predicting no change in the policy rate when the outcome is announced on June 17, in line with the central bank's own view. After cutting rates three times in 2020 to combat the economic fallout from the COVID-19 pandemic, Norges Bank has since said it aims for a hike in the second half of 2021, with September or December the most likely timing. The central bank's own business survey, released on June 8, pointed to a strong rebound in economic activity, meeting a key condition for rate hikes laid out by the committee that sets monetary policy. Norges Bank is therefore on
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