Norway central bank cuts rates in surprise move, eyes further reduction
49 Articles
49 Articles
Norway central bank cuts rates in surprise move
Norway's central bank cut its policy interest rate by 25 basis points to 4.25% today, its first reduction since 2020 and with more to come later this year, in a decision that took most analysts by surprise and weakened the currency.
One word can cost you as a mortgage customer thousands of dollars On Thursday came the surprise announcement that Norges Bank is cutting its key interest rate. The big banks have followed suit with promises to cut mortgage rates. In the fall. Read also: Also read: So long do you actually have to wait for lower interest expenses Until means a lot But there is another detail that you as a mortgage customer should be at least as concerned about, n…
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