U.S. News & World Report | Norway Cuts Rates to Record Low to Save Economy From Oil Slump Bloomberg Norway's central bank unexpectedly lowered interest rates to an all-time low and said it may ease policy further as it seeks to rescue an expansion in western Europe's biggest petroleum producer from a plunge in oil prices. The overnight deposit rate ... Weak growth outlook pushes oil-rich Norway to cut rates Oil price plunge forces Norway to cut rates to record low |