Tag: interest rates
Norway’s currency weakens again
UPDATED: The value of Norway's currency, the krone, fell once again at the end of the country's long Easter holiday. The latest decline came...
Housing market waits for rate relief
Homeowners trying to sell their homes may need to be even more patient, after Norway's central bank decided against lowering interest rates any time...
Inflation down but outlook unclear
Economists have been speculating for weeks over whether interest rates will rise or fall during the next several months. Norway's inflation rate has eased,...
Interest rates stable, for now
Norway's central bank opted against raising its key policy rate on Thursday, even though inflation is still high and the country's currency, the krone,...
Norwegian holidays darker this year
More Norwegians than usual are hoping for brighter days after the winter solstice this year because of a new, unfamiliar situation: relative poverty. Inflation,...
Interest rates boosted again
Norway's central bank doled out a pre-holiday surprise on Thursday, but not the one borrowers wanted: Its key policy rate was raised by another...
Housing prices stayed surprisingly high
New numbers emerged this week that indicate the housing market is doing better than expected in Norway, even after months of interest rate increases....
‘Tighter’ economy warded off rate hike
Sales of new homes and holiday homes fell again last month, car sales have crashed and consumer price hikes are easing if not falling....
Cars sales crash
Norway's car dealers suffered another dramatic fall in new car sales last month. They were down 29.4 percent in September compared to the same...
More homes go unsold
The number of unsold homes in Norway's capital has risen to its highest level since 2017. Prices fell by 1 percent in August, but...
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