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Bank of Norway disappoints borrowers - Norway's News in English — www.newsinenglish.no

Summary by newsinenglish.no

After months of raising hopes that Norway’s relatively high interest rates would finally be cut, the country’s central bank ended up disappointing millions of borrowers on Thursday. Norges Bank kept its policy rate at 4.5 percent, and that’s also likely to affect ongoing labour negotiations. The bank’s committee on monetary policy and financial stability remains worried […] The post Bank of Norway disappoints borrowers appeared first on Norway's…

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Consenso del Mercado

International Macroeconomics The NorgesBank is still the only central bank that has not yet started with the cuts: it keeps the rates at 4.50%

Intermoney Market Consensus The NorgesBank revalidated the title of only bank that has not yet started with the cuts. The Norwegians kept the interest rate unchanged at 4.50% in a decision that was quite contested and that influenced the February price report that we met this week. Although we could have expected by the end of 2024 that they would have already launched with the first cut, the surprising rebound of inflation (3.6% a. [...]

5 days ago

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fvn.no

It is our own actions that can contribute to lower food costs.

Food is becoming increasingly expensive. More expensive food was also the main reason why Norges Bank did not lower the key interest rate on Thursday, March 27.

5 days ago·Kristiansand, Norway

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morgenbladet.no

Norges Bank is on the move

Before we had the plague, or Pesta, which struck suddenly and unexpectedly and turned our lives upside down. Now we have interest rates that jump up and won't go down again, crushing vacation dreams, housing dreams and the government's dream of re-election. But should we stop caring so much about interest rates that even the central bank governor has no control over?

6 days ago

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dagsavisen.no

Norges Bank: – The key interest rate will likely decrease during the year

Higher-than-expected inflation and uncertainty in the global economy mean that Norges Bank is keeping its key interest rate unchanged for now. The central bank governor still believes in cuts this year.

6 days ago

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Monex Canada

Hot price growth keeps the Norges Bank on hold - Monex Canada

The Norges Bank held deposit rates unchanged at 4.50% at their latest policy meeting, despite prior guidance that “The policy rate will likely be reduced in March”. This decision did, however, match consensus expectations and our own pre-announcement call. Inflation in Norway has proven much hotter than expected since the start of the year, a fact seemingly recognised in both Governor Ida Wolden Bache’s guidance, and in the projected rate path, …

6 days ago

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Monex Europe