BREAKING: EURNOK surges after Norges Bank cut rates unexpectedly ✂📌

Norges Bank cut its policy rate by 25 basis points to 4.25%, marking the start of a cautious normalization process amid declining inflation and a cooling economy. The decision was unanimous, reflecting lower-than-expected inflation and a narrowing output gap, though inflation still remains above target.

The central bank projects further rate cuts through 2025, with the policy rate expected to fall below 4% by year-end and approach 3% by 2028. Despite growing economic uncertainty, Governor Ida Wolden Bache emphasized the Bank’s commitment to bringing inflation back to 2% without tightening the economy more than necessary.

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:59 PM

📈US100 rebound continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 6:25 PM

📌Bitcoin slips despite strong sentiments on Wall Street: Technical look

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