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Norway holds rates at zero, but hike draws closer

OSLO, Dec 17 (Reuters) - Norway’s central bank kept its policy interest rate on hold at a record-low zero percent on Thursday, as expected, while warning that a hike may come earlier than it previously anticipated as the global economy recovers from the COVID-19 pandemic.

Norges Bank said it had pencilled in a hike for the second quarter of 2022, six months earlier than its previous prediction but exactly in line with forecasts in a Reuters poll of economists. (Reporting by Terje Solsvik, editing by Gwladys Fouche)

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