Governor Ida Wolden Bache says inflation is too high and rates will likely need to stay elevated for a time; the bank is prepared to raise them if needed to bring inflation down to target.
Norges Bank, Norway’s central bank, voted on 5 November to keep its policy rate at 4.5%. Inflation remains above the bank’s target, The Guardian said.
Governor Ida Wolden Bache said inflation was too high and that the rate would likely need to remain elevated for a time. The bank was prepared to raise it if needed to bring inflation down to target within a reasonable time, she said.
The 4 November agreement gives the state oil company a path to stakes in gas production and infrastructure, subject to approvals and other legal steps.
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The consumer-goods company expects the sale to close in 2027, subject to legal and regulatory approvals.
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The New York startup says it raised a mix of equity and debt from Roosh X and Flashpoint, with most of the money intended for further acquisitions.
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