Norway central bank chief eyes 75 basis point rate reduction in 2025
OSLO, June 20 (Reuters) -The Norwegian central bank's latest monetary policy projections indicate that the key policy rate will be cut by a total of 0.75 percentage point in 2025, Norges Bank Governor Ida Wolden Bache told public broadcaster NRK on Thursday.
The central bank held its policy interest rate at a 16-year high of 4.50% on Thursday and postponed the prospect of a rate cut until 2025.
Reporting by Terje Solsvik, editing by Stine Jacobsen
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