Norway alludes to rate hike
Norges Bank hinted on Wednesday that it may soon raise rates.
The Executive Board of Norges Bank voted to keep the key policy rate unchanged at 1.25%, but considered raising it in a sign that it may consider tightening monetary policy in the near future.
Trends in greater capacity utilisation and low productivity growth could lead to artificial pressure on costs and therefore a higher rate of inflation, it said, arguing that interest rates would have to be raised to combat that pressure.
The
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