Norway Central Bank raises key rate to 3.0% and lifts rate path

Norway Central Bank raises key rate to 3.0% and lifts rate path

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Norway’s central bank raised its key policy rate on Thursday and said that it now expects the rate to peak at a higher level than previously anticipated as inflation remains markedly above target. Norges Bank increased its key policy rate by 25 basis points to 3.00%, as expected, and said that…

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