Norges Bank keeps rates unchanged after September hike
Executive board notes higher inflation expectations in Q4
The executive board of Norges Bank decided to keep rates unchanged at 0.75% after its monetary policy meeting on October 24.
“The executive board’s assessment of the outlook and balance of risks imply a gradual increase in the key policy rate,” says the board. “Economic growth has been a little lower and inflation somewhat higher than projected, but the outlook and the balance of risks do not appear to have changed substantially since the September Report.”
Norwegian rate-setters increased
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