September 19, 2019 / 8:08 AM / a month ago

Norway raises interest rates, but less likely to do so again

OSLO, Sept 19 (Reuters) - Norway’s central bank raised its main interest rate by a quarter percentage point on Thursday but said further policy tightening had become less likely amid a global slowdown that led major economies to slash borrowing costs.

Norges Bank increased its key policy rate to 1.5% from 1.25%, in line with the forecasts of 15 out of 29 economists in a Reuters poll. The remaining participants had expected an unchanged rate. (Reporting by Nerijus Adomaitis, writing by Terje Solsvik, editing by Gwladys Fouche)

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