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Norway central bank may cut rates on weak oil
Published Wed, Aug 12, 2015 · 09:50 PM
Oslo
AS the economy of Western Europe's biggest crude oil producer heads into a "train wreck in slow motion", the central bank is running out of reasons not to cut rates next month.
That's according to Svenska Handelsbanken AB, which says optimistic assessments from the government belie the fact that "weakness is becoming increasingly apparent" in Norway's economy.
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