OSLO, June 19 (Xinhua) -- Norway's central bank on Thursday cut its key interest rate from 4.5 percent to 4.25 percent, citing easing inflation and increased economic stability.
The decision, made by Norges Bank's Monetary Policy and Financial Stability Committee during its Wednesday meeting, reflects expectations of further rate reductions in 2025 if current economic trends continue, the bank said in a press release.
