(+) Chief Economist: Likely No Interest Rate Cut Until Next Year

At the next interest rate meeting, Noregs Bank is likely to signal that there will be no interest rate cuts this year, the chief economist of Sparebank 1 believes that the krona is too weak.

At next week's interest rate meeting, Norges Bank will probably signal that there will be no interest rate cuts this year, the chief economist at Sparebank 1 believes.

Interest rates will probably not be raised until next year due to the weak krona. Instead, there could be another interest rate hike from Norges Bank, the economists predict.