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Norges Bank Governor Warns Against Rushing Into Key-Rate Cuts

Norges Bank Governor Warns Against Rushing Into Key-Rate Cuts
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Interest rates: Norges Bank governor warns against rushing into key-rate cuts

“It pays to be patient,” Ida Wolden Bache told an audience of politicians, business executives and public leaders in Oslo.

Norges Bank Says High Interest Rates Needed for Some Time

(Bloomberg) Norway’s central bank kept borrowing costs at a 16-year high and reiterated the need for durably tight monetary policy to squeeze inflation out of the economy.Most Read from BloombergTesla Slumps After Warning About ‘Notably Lower’ Growth RateBoeing Blocked From Building More 737s in Hit to Growth PlanUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearRussia Says Ukraine Downed Plane Carrying Prisoners for SwapNorges Bank held the key deposit rate at 4.5% on Thursday,

Norway s Final Hike Defying Global Shift Sparks Krone Surge

(Bloomberg) Norway’s central bank pushed ahead with a final hike in borrowing costs, acting to shore up the krone just as the US Federal Reserve leads a likely global pivot toward easing.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinWall Street Traders Go All-In on Great Monetary Pivot of 2024JPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneOwner of the Philippines’ Largest Malls Says

Norges Bank Hikes Policy Rate Unexpectedly

Norges Bank Hikes Policy Rate Unexpectedly
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