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Norway cuts rates to record low to save economy from oil slump - Chron.com (blog)
Chron.com (blog) | Norway cuts rates to record low to save economy from oil slump Chron.com (blog) 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 ... Oil price plunge forces Norway to cut rates to record low Weak growth outlook pushes oil-rich Norway to cut rates |
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