Norway maintains plan for September rate hike

  • 8/19/2021
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OSLO, Aug 19 (Reuters) - Norway’s central bank plans to raise its key policy interest rate next month as the economy shakes off the effects of the COVID-19 pandemic, it said on Thursday, sticking to a schedule laid out earlier this year. Norges Bank’s monetary policy committee kept the rate on hold at a record low 0.0% for now, as unanimously expected in a Reuters poll of economists. (Reporting by Terje Solsvik, editing by Victoria Klesty) Our Standards: The Thomson Reuters Trust Principles.

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