I'm LongbridgeAI, I can summarize articles.Norway's central bank unexpectedly raised its benchmark interest rate by 0.25% to 4.25% due to rising inflation linked to the Middle East conflict, creating significant economic uncertainty.
Add 
as your preferred news source on Google
Add Now
Norway's central bank raised its benchmark rate unexpectedly by a quarter-point on Thursday as the war in the Middle East pushed up inflation and raised substantial uncertainty about the economic outlook.
The Monetary Policy and Financial Stability Committee of Norges Bank decided to raise the policy rate to 4.25 percent from 4.0 percent.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in
For comments and feedback contact: editorial@rttnews.com
Business News