• 11/29/2024

Norway Hikes Rate Once More

Wall Street Journal

Norway’s central bank surprised markets by raising its key policy rate by 25 basis points to 4.5%, saying that a final hike in the current cycle was needed to ensure that inflation didn’t remain too high for an extended period.

https://www.wsj.com/articles/norway-central-bank-surprises-with-quarter-percentage-point-rate-hike-to-4-5-cafe8f71