Norwegian Central Bank Likely to Continue Interest Rate Cuts in Third Quarter

Norges Bank is expected to prolong its interest rate reductions during the third quarter, with plans to conclude monetary easing by early 2027. Bloomberg posted on X, indicating that the central bank's strategy aligns with its efforts to stimulate economic growth. The decision comes amid ongoing assessments of the country's economic conditions and inflation rates. Analysts suggest that the bank's approach reflects a cautious stance in response to global economic uncertainties. The anticipated extension of rate cuts is part of a broader strategy to support Norway's financial stability and growth objectives.