ICYMI – Norway’s central bank rate hike Thursday

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Norges Bank Norway's central bank raised its benchmark interest rate on Thursday, raised the sight deposit rate to 0.25%   The Bank said it expect to do the same again in December, another hikeand three more hikes by the end of 2022 (to 1.25%) had become more likely.The governor of the Norwegian central bank spoke at a press conference after: There is a strong recovery in the Norwegian economyIt's time to start a gradual normalisation of the policy rate Source link
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