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Thursday, July 18, 2024

Tag: interest rates

Weak krone keeps Norwegians home

More Norwegians will be competing with all the tourists pouring off cruiseships and flying in to Norway for holidays this summer. Norway's weak currency...

Lower inflation unlikely to lower interest rates

Norway's inflation rate dipped to 3.6 percent last month, but few economists think that's enough of a decline to prompt a reduction in Norwegian...

Weak ‘krone’ didn’t spur rate hike

Norway's central bank kept interest rates steady on Friday and several economists no longer think they'll be lowered later this year. Others think the...

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....

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