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Thursday, June 4, 2026

Tag: interest rates

Economy ‘bottoms out,’ krone to rise

Norway's biggest bank thinks the Norwegian economy has bottomed out for now, predicting some new growth ahead, less reliance on oil prices and a...

Key interest rate kept low and steady

Central bank boss Øystein Olsen capped off weeks of celebrating Norges Bank's bicentennial by announcing Thursday that its executive board had decided to keep...

‘Brexit’ could hurt Norway’s currency

Financial analysts in Oslo warn that a British vote in favour of leaving the European Union (EU) may weaken not just Britain's currency but Norway's...

Birthday bash for the nation’s bank

It's been 200 years since Norway, armed with a new constitution and determined to be its own sovereign nation, managed to win approval for the creation...

Rates firm as critics bash oil fund use

The executive board of Norway's central bank has decided, as expected, to keep its key policy rate unchanged at 0.5 percent. Øystein Olsen, governor...

Warnings issued over interest rates

High debt levels in Norway combined with a sudden spike in interest rates could quickly hit the country's economy harder than cutbacks in the oil...

Real estate pros predict price hike

There's widespread agreement among analysts, real estate brokers and economists that Norway's already-high housing prices will jump again, on the back of record-low interest rates. Amidst...

Key rate cut to fend off recession

Norges Bank's decision on Thursday to cut its "key policy rate" by another quarter point is aimed at stimulating economic growth and warding off recession,...

LO boss: ‘Norway is now in crisis’

The boss of trade union confederation LO, Gerd Kristiansen, is among those now claiming that Norway's economy is in crisis because of rising unemployment....

One US dollar may soon cost NOK 10

Even though oil prices have been creeping upwards and Norway's krone has strengthened a bit, at least one currency exchange strategist thinks the recovery...
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