Central Bank of Norway Reverse Easing
Source: http://econotwist.wordpress.com/2009/10/28/central-bank-of-norway-reverse-easing/Posted on Wednesday, October 28th, 2009 | In Investing Lessons, Norway
Contributed by: Frode Haukenes (http://econotwist.wordpress.com/) -
The Central Bank of Norway has raised its benchmark rate by 25 bps to 1,50% and becomes the first European Central Bank to start reversing the quantitative easing policy. At Oslo Stock Excange the all share index drops 3,5% as the norwegian krone strengthen and market volatility rise.
“The economic activity has recovered more rapidly than [...]
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 About Frode Haukenes (http://econotwist.wordpress.com/)
Over 20 years of experience in media production; newspaper, magazines, radio, tv, web-publishing and multimedial work. Also experienced in starting new business, management and consulting. Specialities: Economic- and financial journalism. Radio-production. |
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