Norway alludes to rate hike


Norges Bank hinted on Wednesday that it may soon raise rates.

The Executive Board of Norges Bank voted to keep the key policy rate unchanged at 1.25%, but considered raising it in a sign that it may consider tightening monetary policy in the near future.

Trends in greater capacity utilisation and low productivity growth could lead to artificial pressure on costs and therefore a higher rate of inflation, it said, arguing that interest rates would have to be raised to combat that pressure.

The boa

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: