Norway's Central Bank Raises Interest Rates Amid Middle East Conflict
Norges Bank, Norway's central bank, has raised its key interest rate, citing factors including the conflict in the Middle East. This makes it the first European central bank to increase rates since the conflict began.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (92/100)Sources
Norges Bank Delivers First Rate Hike Since 2023 to Curb Prices - Bloomberg.com
Norges Bank Delivers First Rate Hike Since 2023 to Curb Prices Bloomberg.com
Read full article →Norway’s central bank raises interest rates amid impact of Iran conflict
Norges Bank says situation in Middle East is ‘still causing substantial uncertainty about the economic outlook’
Read full article →Australia’s interest rate rise signals growing hawkish stance in Asia
For an indication of how much the energy crisis is shaping the path of monetary policy, look no further than Australia. On May 5, the country’s central bank raised interest rates for the third consecutive time, unwinding last year’s monetary easing. The Reserve Bank of Australia (RBA) said “higher fuel prices are adding to inflation and there are indications that this is likely to have second-round effects on prices for goods and services more broadly”. The RBA’s decision to keep tightening...
By Nicholas Spiro
Read full article →NBS: Key policy rate unchanged
The National Bank of Serbia (NBS) said on Thursday that its key policy rate would remain unchanged at 5.75%.
Read full article →
