Norges Bank kept its key policy interest rate on hold at 4.50% earlier on Friday
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Norway's central bank has not yet decided when to start cutting its policy interest rates, Governor Ida Wolden Bache told a news conference on Friday.
Norges Bank kept its key policy interest rate on hold at 4.50% earlier on Friday, as unanimously expected by analysts, and said a tight monetary policy stance may be needed for somewhat longer than previously envisaged to curb inflation. (Reporting by Nerijus Adomaitis and Terje Solsvik, editing by Anna Ringstrom and Louise Rasmussen)
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