Norges Bank
Norwegian Central Bank Tightens
December 16, 2009
Norges Bank officials also surprised most analysts, only they raised rates whereas Czech monetary officials cut them today. This disparity underscores the transitional nature and uneven properties of the world business cycle as analysts await the results of the Fed’s last meeting of 2009 to be announced in less than 3-1/2 hours. Norway’s central bank [...] More
