Norwegian interest rate cut

A Norwegian Rate Cut

March 15, 2012

The central bank Executive Board’s policy interest rate was reduced 25 basis points on Wednesday to 1.5%, putting such just 25 basis points above the cyclical low from June to October 2009 and 75 bps below the level from May to December of last year.  A statement on the Norges Bank said this third cut […] More

css.php