Czech Republic, Moldova and Norway hold rates
CNB says services inflation is still high, Moldova is recovering and Norway says it is in no hurry
The central banks of the Czech Republic, Moldova and Norway all held rates today (November 6).
The Czech National Bank said high services inflation and wage growth were causing headaches, while the National Bank of Moldova pointed to price growth running at 6.9%. Norges Bank said it would make one annual rate cut over each of the coming years if the Norwegian economy kept developing according to its outlook.
Czech Republic: still on pauseIn its monetary policy statement, the CNB said inflation had
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