Norway’s central bank lifts interest rates 50 basis points, sees another hike in August

Norway’s central bank lifts interest rates 50 basis points, sees another hike in August

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Norway’s central bank on Thursday lifted interest rates by 50 basis points and said a further hike may be needed in the near term. On a busy day for central banks, the Norges Bank boosted its policy rate to 3.75%. Markets had been divided between expectations for hikes of either 25 or 50 basis…

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