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Norway central bank must hike rates to bring down inflation, governor says

Norway central bank must hike rates to bring down inflation, governor says OSLO, March 23 (Reuters) - Norway's central bank must raise interest rates in order to bring down inflation, Governor Ida Wolden Bache told a news conference on Thursday. "Our job is to get inflation down to the goal of 2%," she said. Norges Bank on Thursday raised its benchmark interest rate by 25 basis points (bps) to 3.0% and said it would likely hike again in May and also after that to hit 3.5% during the coming summe
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Norway central bank raises rate to 3%, eyes hikes in May and June

UPDATE 4-Norway central bank raises rate to 3%, eyes hikes in May and June Adds interview with governor By Victoria Klesty and Gwladys Fouche OSLO, March 23 (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 3.0% on Thursday to rein in inflation and said it would likely raise it again in both May and June to a peak of 3.5%.
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Norway central bank raises rate to 3% as expected, says May hike likely

Norway central bank raises rate to 3% as expected, says May hike likely OSLO, March 23 (Reuters) - Norway's central bank raised its key policy rate by 25 basis points (bps) to 3.0% on Thursday, as expected by almost all economists surveyed by Reuters, and said it aimed for another hike in May and raise it further to hit 3.5% in summer. Of the 26 economists polled in advance, 25 had anticipated an increase of 25 bps on Thursday while one had bet on an increase of 50 bps.
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Norway seen hiking policy rate to 3% this week, with one more hike to come

POLL-Norway seen hiking policy rate to 3% this week, with one more hike to come reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=NOINTR%3DECI poll data Rate announcement due on March 23 Almost all analysts in Reuters poll see rate rising to 3% Policy rate expected to peak at 3.25% OSLO, March 20 (Reuters) - Norway's central bank is expected to raise its benchmark interest rate by 25 basis points (bps) to 3% this week to curb inflation and prop up a weakening currency, accordin
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Bank shares rout sparks alarm across world markets

INSTANT VIEW -Bank shares rout sparks alarm across world markets Turmoil has engulfed global banking stocks after U.S.-based Silicon Valley Bank was forced to raise fresh capital after losing $1.8 billion selling a package of chiefly U.S. bonds to meet depositor demands for cash. European banking shares fell 4% on Friday, following a more than 6% tumble in U.S.
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