Norges Bank hikes rates again, citing stronger growth
Norway’s central bank executive board increased its policy rate today (June 20) and said it was likely to raise rates again this year.
Norges Bank’s board raised the policy rate by 25 basis points to 1.25% in its second hike this year, citing higher-than-expected growth and above-target inflation.
Norway’s economy is growing more strongly than Norges Bank projected in its last policy report in March, the board’s statement said.
Statistics Norway forecasts mainland GDP, which excludes the oil
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Monetary policy decisions
