Norges Bank Holds Steady on Interest Rates
Unlike other European central banks, Norges Bank maintains its base rate at 4.5%, the highest since 2008, due to concerns over robust wage growth and inflation pressures. Inflation has eased slightly, and unemployment is as expected. https://www.euronews.com/business/2024/06/20/krone-rises-as-norway-holds-firm-on-interest-rate-decision