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Norway Set for Rate Hike as Economy Accelerates, Statistics Agency Says
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Norway Set for Rate Hike as Economy Accelerates, Statistics Agency Says
Business
Date posted: 03.09.2021
Category: Business News
OSLO, Sept 3 (Reuters) – The Norwegian economy is set to grow rapidly in the next several years as it recovers from the impact of the pandemic, setting the stage for an imminent central bank rate hike, Statistics Norway (SSB) predicted on Friday.
“The reopening of society is well underway, and the upswing in the Norwegian economy continues. The COVID-19 pandemic will nevertheless continue to impact on the economy for a long time to come,” SSB said.
Source: Reuters