OSLO, Sept 23 (Reuters) - Norway’s central bank raised its benchmark interest rate on Thursday as expected, and said more hikes will follow as it joins a short but growing list of nations moving away from emergency-level borrowing costs.
Norges Bank's monetary policy committee raised the sight deposit rate to 0.25% from a record low of zero, as forecast unanimously here in a Reuters poll of analysts and in line with the central bank's own plan here. (Reporting by Terje Solsvik and Victoria Klesty, editing by Gwladys Fouche)
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September 23, 2021 at 03:04PM
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Norway hikes interest rates, with more to come - Reuters
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