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Norges Bank Hikes Policy Rate Unexpectedly

Por: RTTNews Business December 14, 2023

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Norway's central bank raised its key interest rate at its December meeting as the is facing high inflation, and the policy board stated that the rate will likely be kept at that level for some time ahead.The Monetary Policy and Financial Stability Committee, headed by Governor Ida Bache, decided to raise the policy rate from 4.25 percent to 4.50 percent, Norges Bank said in a statement on Thursday.The previous change in the rate was a 0.25... + full article



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