Norway central bank to keep rates on hold this week, cut in December
Norway's central bank will keep its key policy interest rate unchanged this week at a 16-year high of 4.50%, all 27 economists in a Reuters poll said, as investors look for signs of when Norges Bank may eventually begin to cut borrowing costs.
Norway Keeps Rate Steady With Signal for First Cut in 2025
Norway’s central bank kept borrowing costs unchanged and signaled no intention to cut them before next year as it contends with the inflation risks posed by a weak krone.
Norway keeps rate on hold, says restrictive policy needed
Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as widely expected, and said any cuts must wait until the first quarter of next year, boosting the crown currency.
Norwegian central bank holds policy rate at 4.5 pct
OSLO, Sept. 19 (Xinhua) -- Norway's central bank has decided to keep its policy rate steady at 4.5 percent, signaling stability in its ongoing efforts to curb inflation. "The policy rate will likely remain at 4.5 percent through the end of the year," said Norges Bank Governor Ida Wolden Bache in a press release on Thursday.
Norway Central Bank Sees No Rate Cut This Year
Norway's central bank kept its key interest rate at a 16-year high Thursday and signalled it would only start cuts next year, later than its US and European peers.
Norway holds its benchmark interest rate at 16-year high of 4.5%
The Norges Bank decided to keep its policy rate unchanged at 4.5% at its meeting on Thursday. The committee also indicated that it will likely be the rate until the end of the year. However, “time to ease monetary policy is approaching,
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