Norway's central bank holds interest rate at 4.25%, signals future cuts

Investing.com -- Norway’s central bank maintained its policy interest rate at 4.25% on Thursday, in line with analyst expectations, and confirmed plans to reduce borrowing costs later this year.

"The economic outlook is uncertain, but if the economy evolves broadly as currently envisaged, the policy rate will be reduced further in the course of 2025," Norges Bank said in a statement.

The decision to keep rates steady was unanimously predicted by analysts surveyed ahead of the announcement.

The Norwegian central bank has signaled its intention to begin easing monetary policy in the coming months, though it remains cautious about the timing of rate cuts due to economic uncertainties.

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