International Economic

Norway's central bank holds interest rates steady

By Iain Gilbert

Date: Thursday 19 Sep 2024

(Sharecast News) - Norway's central bank kept interest rates unchanged at a 16-year high of 4.5% on Thursday but said it intends to launch a rate cutting programme during the first quarter of 2025.
"The committee judges that a restrictive monetary policy is still needed to bring inflation down to target...

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