Reported about 2 months ago
Norway’s central bank held its key interest rate steady at 4.5%, the highest since 2008, due to concerns about the impact of a depreciated krone on inflation. While inflation has slowed more than expected, policymakers are cautious, indicating that the current rate may remain unchanged for some time as they monitor economic developments. The weaker krone has raised concerns about imported price growth, and future rate adjustments will hinge on inflation trends.
Source: YAHOO