Norway's core inflation hits new high in May, currency strengthens
Core inflation, which strips out changing energy prices and taxes, rose 6.7% year on year
Source: zawya.com
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Dollar Scales 3-month Peak as Powell Flags Higher Rates
LONDON—The dollar scaled multi-month highs against most other major currencies on Wednesday, after Federal Reserve Chair Jerome Powell ...
Source: theepochtimes.com
Norway central bank raises rates by 50 bps, to hike again
OSLO, Aug 18 — Norway’s central bank raised its benchmark interest rate by 50 basis points (bps) today and said more hikes were in the pipeline, probably including one in...
Source: malaymail.com
Norway Poised to Stick With Rate-Hike Timetable: Decision Guide
(Bloomberg) -- Norway’s central bank is poised this week to cement its plan for another interest-rate increase in June as part of a probable timetable of quarterly hikes lasting until 2024. All economists in a Bloomberg survey expect the Norges Bank to keep its key deposit rate at 0.
Source: bloombergquint.com
Norway Poised to Enact First Post-Crisis G-10 Interest-Rate Hike
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Norway’s central bank is poised to raise its interest rate this week in the first such post-pandemic tightening among nations with the world’s 10 most-traded currencies. Responding to a buoyant economic recovery, Norges Bank will lift its benchmark on Thursday by a quarter-point from zero, according to all but one of the 15 economists surveyed by Bloomberg. That places it in the vanguard of the so-called Group of 10 after New Zealand policy makers held off from such a move last m...
Source: swissinfo.ch