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Thursday, November 3, 2022

Incremental Size of Norwegian Rate Hike Reduced but Normalization Process Not Over

The Bank of Norway’s policy interest rate had been slashed early in 2020 from 1.50% to zero percent, where such remained from May of that year until a 25-basis point increase in September 2021. Two more 25-bp increases were done in September and December of last year, and with inflation intensifying, a trio of 50-basis […]

* This article was originally published here