**Summary:**
This morning, several central banks have adjusted their interest rates. Norway’s central bank has reduced its policy rate to 4.25%, down from 4.5%, due to a decrease in inflation since earlier this year. This move aims to manage inflation effectively without overly impacting economic growth. This decision reflects a cautious approach to ensure that the inflation rate reaches its target of 2 percent. Meanwhile, global economic activity shows signs of slowing, influenced by factors such as US trade policies and geopolitical situations in the Middle East, potentially impacting economic growth in regions like the Philippines. Additionally, rising oil prices and changes in electricity rates and tariffs could contribute to inflation pressures.
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