Nordic -| Norway Central Bank Slashes Rate 50bps To 1.75%
Norway Central Bank Slashes Rate 50bps To 1.75%: Norway's central bank, Norges Bank, dropped its key monetary policy rate by 50 basis points to 1.75% from 2.25% previously. The Bank's Deputy Governor, Jan F. Qvigstad, said: “The turbulence in financial markets has intensified and ...
