Norway central bank hikes key policy interest rate to 1.25%

by WTOP News

WTOP News— COPENHAGEN, Denmark (AP) — Norway’s central bank raised its key policy interest rate from 0.75% to 1.25% on Thursday, saying “the prospects for a more prolonged period of high inflation suggest a—The Fed: Fed interest-rate hike is biggest in three decades as central bank anticipates its policy rate rising to 3.8% by end of next year. The Federal Reserve on Wednesday makes its much-anticipated move with interest rates.

the Guardian—Bank of England raises interest rates to 1.25% to tackle inflation. Bank warns of inflation rising to 11% after split vote to lift rate, for fifth time in a row, by 0.25 points

Mail Online—Bank of England is set to hike interest rates by 0.25% TODAY. The Bank of England is expected to push up the base rate by 0.25 percentage points to another 13-year high of 1.25 per cent as it tries to rein in rampant inflation.