(Bloomberg) -- Norway's central bank will probably
raise its benchmark interest rate for the 11th time in two years
today and say the rate will peak at a higher level than
previously forecast, a survey of economists shows.
The bank will increase the deposit rate by a quarter-point
to 4.5 percent, according to all but one of 18 economists in a
Bloomberg survey. The bank may forecast the rate will rise to 5.5
percent in 2008, the survey shows. The decision will be announced
at 2 p.m. in Oslo.
Read more at Bloomberg Bonds News
raise its benchmark interest rate for the 11th time in two years
today and say the rate will peak at a higher level than
previously forecast, a survey of economists shows.
The bank will increase the deposit rate by a quarter-point
to 4.5 percent, according to all but one of 18 economists in a
Bloomberg survey. The bank may forecast the rate will rise to 5.5
percent in 2008, the survey shows. The decision will be announced
at 2 p.m. in Oslo.
Read more at Bloomberg Bonds News
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