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View Full Version : Norway May Deliver First Rate Cut Since 2009 on Euro Debt Crisis - Bloomberg



NewsWhore
12-14-2011, 01:50 AM
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Norway May Deliver First Rate Cut Since 2009 on Euro Debt Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGN9l84Vbxv9gHkn1aivUKJHKDhbg&url=http://www.bloomberg.com/news/2011-12-13/norway-may-deliver-first-rate-cut-since-2009-on-euro-debt-crisis.html)
Bloomberg
“A cut is necessary if a further increase in interest rate on loans to the public is to be avoided, given the higher bank funding costs,” Bjoern-Roger Wilhelmsen, chief currency strategist at First Securities in Oslo, and a former central bank ...

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