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Norges Bank seen sticking to a rate increase in March

Bloomberg Norway’s central bank is seen sticking to the script this week to slowly lift interest rates as it assesses the first tightening in more than seven years. Policy makers in Oslo will leave the benchmark rate at 0.75 percent when they announce their decision on Thursday, according to all economists surveyed by Bloomberg. The meeting is in between monetary ...

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BOJ keeps monetary policy unchanged

Bloomberg The Bank of Japan left monetary policy unchanged as it cut its inflation outlook once again, underscoring how far away its price target is and how few options the central bank has for drawing closer. The BOJ maintained its yield curve-control program and asset purchases, it said in a statement on Wednesday, a result predicted by all but one ...

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South Africa inflation reaches mid-point of top bank target

Bloomberg South Africa’s inflation rate reached the mid-point of the central bank’s target range of 3 percent to 6 percent in December — something the Reserve Bank says would allow for flexibility in dealing with price shocks. Consumer-price growth slowed to 4.5 percent from a year earlier compared with 5.2 percent in November, the Pretoria-based Statistics South Africa said in ...

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