Norway setting marker for first rate hike in 7 years


OSLO: Norway’s central bank is seen firming up plans to lift interest rates “after summer” as the richest Scandinavians leave their oil shock behind them.

As Norway moves from a recovery to an outright expansion, policy makers in Oslo are becoming less focused on the krone and are preparing to tighten ahead of colleagues in Frankfurt and Stockholm.

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Business , Norway

   

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