December 18, 2018 / 9:36 AM / 6 months ago

Norway's central bank chief reiterates plan for March rate hike

OSLO, Dec 18 (Reuters) - Norway’s central bank plans to hike interest rates in March, Governor Oeystein Olsen said on Tuesday, reiterating a policy plan set by the board last week.

“If developments are as expected, the next rate increase is expected to come in March,” Olsen told business leaders in a speech, while adding that the bank plans to make gradual hikes in the coming years. (Reporting by Camilla Knudsen, editing by Terje Solsvik)

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