Rate Rise
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Norges Bank Could Be Attempting to Shore Up The Krone
Norges Bank’s statement that rates could be held at current levels “for some time ahead” seems like an attempt to shore up the krone and keep downward pressure on imported inflation, Ballinger Group said.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
Who is the quiet, feared strategist behind Modi’s rise?
India’s PM is eyeing a record third term - his home minister is the brains behind his election wins.BBC News - Top stories -
Dam bursts and death toll rises in Brazil floods
More than 30 people have been killed and 60 are missing in the southern state of Rio Grande do Sul.BBC News - Top stories - Brazil -