March 13, 2020 / 7:41 AM / 16 days ago

Norway central bank cuts policy rate in surprise announcement

OSLO, March 13 (Reuters) - Norway’s central bank has cut its key policy rate to 1.0% from 1.5% in a bid to alleviate the economic impact from the coronavirus outbreak, it said in a surprise announcement on Friday.

The bank had been due to announce its next rate decision on March 19. (Reporting by Terje Solsvik; Editing by Kevin Liffey)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below