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AppLovin Still Leads Despite Unity Vector Launch -- Market Talk
Here's Why We Think Unity Bancorp (NASDAQ:UNTY) Might Deserve Your Attention Today
Norway's core inflation rate unexpectedly rose, indicating fewer rate cuts after March.
Norway's core inflation rate unexpectedly rose, potentially raising doubts about the outlook for the central bank's planned interest rate cut next month. According to data released by the statistics bureau on Monday, the core Consumer price index (CPI), excluding energy costs, increased to 2.8% last month. The median forecast from economists surveyed by Bloomberg was 2.6%, the same as the Norwegian central bank's prediction. For months, Norwegian officials have been providing guidance for the March meeting, seeing it as the starting point for rate cuts after the pandemic. Although this unexpected increase is not large enough to derail the interest rate cut next month, it supports the view that the strong economy of this energy-exporting country does not require too much...
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