Norwegian central bank signals rate hike ahead to rein in inflation

NAMPA / DPA
2026-11-05
Oslo (dpa) - Norway's central bank left the key interest rate unchanged on Thursday but signalled policymakers' readiness to raise interest rates in future as they assessed inflation as too high. The Monetary Policy and Financial Stability Committee of the Norges Bank decided to keep the policy rate unchanged at 4.5%, as expected. Previously, the bank raised the rate by 25 basis points in September. "Inflation is too high," Norges Bank Governor I......
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