Norway moves swiftly to raise rates amid 'too high' inflation

AI Summary

In response to rising inflation, Norway has taken decisive action by raising its policy interest rate. This move comes earlier than anticipated by analysts and underscores the central bank's efforts to control inflationary pressures in the economy.

Norway's central bank has today raised its policy interest rate by 25 basis points to 4.25%, moving sooner than analysts in a Reuters poll ...