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Norway's central bank holds rate at 4%, citing high inflation and signaling gradual future cuts.
Norway’s central bank held its key interest rate at 4% on Thursday, maintaining the level after two consecutive quarter-point cuts in June and September.
Governor Ida Wolden Bache said inflation, at 3.0% for core measures, remains too high, and the bank is not rushing to cut rates further despite expectations of gradual reductions.
Officials signaled one rate cut per year between 2026 and 2028, with future decisions depending on incoming data.
No new economic projections were released, and the next update is expected in December.
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El banco central de Noruega mantiene la tasa en el 4%, citando una alta inflación y señalando recortes futuros graduales.