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المشهد العربي
Norway raises interest rate by 25 basis points
The Norwegian Central Bank decided to raise the main interest rate by 25 basis points to 4.5%, aiming to curb inflation and bring it back to the targeted 2% level by 2029. It indicated that interest rates will remain high for the foreseeable future, with the possibility of additional increases if necessary, despite the core price index rising by 3% in August. Expectations are that inflation will gradually decline over the coming year.
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