Danish Central Bank Set to Match ECB Rate Hike, Economists Say
- Denmark will raise key rate to 3.6% from 3.35%, poll indicates
- Nationalbanken’s main mandate is to peg the krone to the euro
Christian Kettel Thomsen
Photographer: Nikolai Linares/AFP/Getty ImagesThis article is for subscribers only.
Denmark’s central bank is set to match the European Central Bank and raise its benchmark interest rate by 25 basis points later on Thursday, according to economists surveyed by Bloomberg News.
Nationalbanken, which doesn’t hold scheduled meetings and ties its krone to the euro, will probably hike its current account rate to 3.6% from 3.35% at 5 p.m. Copenhagen time, all seven economists said.