Norway central bank raises rate to 4.5 pct to tackle inflation


  • World
  • Friday, 15 Dec 2023

OSLO, Dec. 14 (Xinhua) -- Norway's central bank (Norges Bank) raised its main interest rate by 0.25 percentage point to 4.5 percent on Thursday.

The decision comes as the bank grapples with the challenge of curbing persistently high inflation, while also acknowledging signs of economic cooling.

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