Norway Keeps Rate at Record Low as Oil Wealth Spending Jumps

Updated on
  • Norges Bank says rise in oil price may mean higher growth
  • Norges Bank says stronger krone may damp inflation more

Norwegian Central Bank: Negative Rates `Not Excluded'

Norway’s central bank left its benchmark rate at a record low as the government spends more of its vast oil wealth to keep the economy from slipping into a recession.

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