Bloomberg Norway’s central bank is on a lonely march towards higher interest rates, torn between an oil industry running at full speed on its home turf and slowing growth abroad. Governor Oystein Olsen’s commitment to tightening has surprised markets with a more hawkish outlook three meetings in a row. He raised the key rate for a third time in less ...

Bloomberg Bank of Montreal (BMO) Chief Executive Officer Darryl White said last September that he’d like a third of his bank’s earnings to come from the US in three to five years. It was a matter of months before the goal was reached. Now he expects things to settle down a bit. “I wouldn’t have put a three-to-five-year target out ...

Bloomberg Paraguayan policymakers kept their benchmark interest rate at 4.75 percent, reiterating that its current level is the “most prudent” strategy amid slowing growth and tame inflation. In an interview a day before the monetary policy meeting, central bank chief Jose Cantero said that the key rate was at “neutral levels” taking into account the economy and consumer prices. The ...