Economics
Norway May Keep Interest Rate Unchanged on Krone
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Norges Bank will probably keep interest rates unchanged for a fourth meeting after the krone’s strength pushed inflation below target and as policy makers in Europe fail to end the region’s debt crisis.
The bank will leave its overnight deposit rate at 1.5 percent, according to all 14 economists surveyed by Bloomberg. The decision is due to be announced at 2 p.m. today in Oslo.