OECD says Norway Central Bank may need to speed up pace of interest rate hikes
The Norwegian Central Bank may need to hike interest rates more aggressively in future to respond to a pick-up in wage growth, the OECD said. 'Norges Bank should stand ready to tighten faster than it currently envisages if wage growth picks up faster than expected, as could happen with the spring 2007 wage rounds,' the organisation said in a report on Norway's economy. 'The OECD's latest economic projections…

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Jarle Petterson <jp