Skip to content
Home » UPDATE 1-Norway central bank raises rate to 4.0%, eyes September hike

UPDATE 1-Norway central bank raises rate to 4.0%, eyes September hike

    Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 4.0% on Thursday to curb inflation, as widely expected, and said it would likely hike again in September. , which excludes energy costs, stood at 6.4% in July, down from a record 7.0% in June, and has remained above the bank's 2% target since February last year.

    Read full NASCAR article on Yahoo Sports

    Read all NASCAR articles