Tag: interest rates
Interest rates keep rising in the worst and the best of times
NEWS ANALYSIS/UPDATED: The rich are getting richer and the poor poorer in Norway, where another rise in interest rates is meant to curb inflation....
Market turbulence fuels uncertainty
It was another turbulent day on the Oslo Stock Exchange and most others around the world, as new economic uncertainty grips the markets. The...
Interest rate ‘policy path’ now more uncertain
The Norwegian central bank's decision this week to keep its policy rate unchanged reflects Norway's still-high economic activity and tight labour market with low...
Interest rates keep rising
Norway's central bank (Norges Bank) went ahead and raised its key policy rate by another quarter-point on Thursday, and warned it may go up...
DNB now has unhappy customers and employees
Customers of Norway's largest and highly profitable bank, DNB, have long complained about branch closings, poor service and high fees. Now those fees are...
Inflation rate hits 7.5 percent
Prices are rising even faster than Norwegians thought: The latest numbers released Thursday show prices rose an average 7.5 percent in October, compared to...
Housing prices fall as rates rise
Norway's central bank raised its key policy rate again on Thursday, amidst news that housing prices keep falling. The market for holiday homes, meanwhile,...
Economic uncertainty rises, even as ‘war profits’ do too
NEWS ANALYSIS: Never before have some of Norway's largest companies and banks generated more profits, often tied to Russia's war on Ukraine. Hundreds of...
Still lots of jobs as interest rates rise
Norway's central bank raised its policy rate once again on Thursday, in its latest attempt to control inflation. That's sparked some criticism that rising...
Interest rates rising to keep economy from overheating
A decision by Norway's central bank to opt for a second "double dose" interest rate hike on Thursday is aimed at cooling the country's...
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