Norway Keeps Rates on Hold, Says Not in a Hurry to Cut
16 Articles
16 Articles
Norway keeps rates on hold, says not in a hurry to cut
Norway's central bank kept its policy interest rate on hold at 4% today, as unanimously predicted in a Reuters poll, and reiterated that, while it plans to reduce borrowing costs over the course of the year, it was not in a hurry to do so.
Norwegian interest rates unchanged | Norway's News in English — www.newsinenglish.no
Norway’s central bank kept its key policy rate unchanged at 4 percent on Thursday, and it’s likely to stay there for awhile. Norges Bank governor Ida Wolden Bache made it clear she’s in no hurry to bring interests down because she thinks price growth is still too high. Analysts hadn’t expected any interest rate cut […]
Norges Bank maintains its key interest rate at 4 percent. The decision is in line with previous signals from the bank, which believes that inflation is still too high.
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Central Bank Governor Ida Wolden Bache says Norges Bank is in no hurry with new interest rate cuts – but still foresees interest rate cuts during the year.
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