Norway Averts Strike as Unions Clinch Wage Deal With Employers

Norway’s underlying inflation fell for the 10th consecutive month in August, reinforcing the case for a central bank interest-rate cut later this year. The report is supportive for policymakers and rate-sensitive assets, but it is mainly a macro data point rather than a direct market-moving shock.

Analysis

Norway’s underlying inflation fell for the 10th consecutive month in August, reinforcing the case for a central bank interest-rate cut later this year. The report is supportive for policymakers and rate-sensitive assets, but it is mainly a macro data point rather than a direct market-moving shock.