Nordic Central Banks Change Tune as They Increase Interest Rates

Posted on 06/23/2022

Norges Bank raises its interest rate by 50 basis points to 1.25%. The Norwegian central bank sees rate hitting 3% in 2023 vs 2.5% before. This is its largest single hike since 2002 and did not rule out making further increases of this size as the country seeks to control inflation. The Nordic central banks…

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