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Norges Bank Signals Tightening To Continue In September

Por: RTTNews Business August 17, 2023

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The Norwegian central bank raised its interest rates on Thursday, in line with its guidance in June, and hinted at further tightening ahead if the economic situation pans out as expected.The Monetary Policy and Financial Stability Committee unanimously decided to raise the policy rate by 0.25 percentage point to 4 percent, the Norges Bank said in a statement.The decision matched economists' expectations.The future policy rate path will... + full article



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