IT’S TIME FOR WITHDRAWALS
Øystein Olsen, the governor of Norges Bank (Norway’s central bank), addressed the public revealing the status of Norway’s economy. Like many Nordic countries, Norway is seeing its peers embrace negative interest rates. Norges Bank chopped its borrowing cost in half to a record low of 0.75% in the last fourteen months. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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