Norges Bank to tweet rate decisions

Norges Bank has begun using twitter, the social networking site, to communicate rate decisions.

Norges Bank used the site on Wednesday to report its decision to cut its key policy rate by a quarter point to 1.25%.

"We see twitter as a great opportunity to reach our target groups, in particular journalists and people interested in central-bank-related topics," Vidar Korsberg Dalsb Ø, a spokesperson for the central bank, told CentralBankNews.com. "We will use twitter to communicate with and inf

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