Tag: interest rates

Banking ‘analysis’ gets warm welcome

Commentators and consumers alike are glad the Norwegian Competition Authority has launched an "analysis" of competition among Norwegian banks that can lead to a...

Real estate market slumps

Housing prices are expected to rise by just 3.5 percent this year, and the market for holiday homes has fallen as well. Brokers blame...

No interest rate hike yet

Norway's central bank followed other countries' this week in keeping their key interest rates unchanged even as inflation rises. Raising rates could have stemmed...

Interest rates rise as expected, along with housing prices

It's getting even more expensive than usual to buy a home in Norway. The central bank (Norges Bank) raised its policy rate by a...

Norway’s krone gains strength

The Norwegian krone  has been getting much stronger against the world's most important currencies. On Wednesday it was up 7.8 percent against the US...

Norway’s central bank warns of higher inflation and interest rates

Norway's central bank (Norges Bank) issued new, ominous warnings of higher inflation and higher interest rates on Thursday. Central bank chief Ida Wolden Bache...

Central bank chief’s inflation battle may boost interest rates

Norwegian economists admit to being shocked this week, when Norway's state statistics bureau SSB reported that prices in January were much higher than expected....

Norwegian interest rates unchanged

Norway's central bank kept its key policy rate unchanged at 4 percent on Thursday, and it's likely to stay there for awhile. Norges Bank...

No interest rate relief yet

Depositors could breathe a sigh of relief, while borrowers didn't get any early Christmas gift from Norway's central bank on Thursday. Its monetary policy...

Interest rates stable, for now

Borrowers had hoped for an interest rate decline on Thursday, but Norway's central bank opted against making any changes in its policy rate. It...
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