Norges Bank Hikes Key Rate By 25 Bps; Signals Another Hike

OSLO (dpa-AFX) - Norges Bank raised its policy rate by a quarter-point on Thursday to bring inflation back to the target and signaled another hike if inflation outlook warrants.The Monetary Policy and Financial Stability Committee decided to hike the policy rate to 4.50 percent from 4.25 percent. T…