[»] Jump to Summary... Norway’s central bank, Norges Bank, shook expectations on Thursday, warning that interest rates are likely headed upward instead of downward this year. The central bank’s governor, Ida Wolden Bache, delivered a message that surprised many: the era of falling rates might be over—for now. Until recently, many Norwegians anticipated modest rate [...]
Norway’s Central Bank Signals Shock Interest Rate Hike as Inflation Surges Nationwide