Tag: interest rates

No change in central bank’s key rate, krone slightly stronger

The executive board of Norway's central bank (Norges Bank) has once again opted to keep its so-called "key policy rate" unchanged at 0.5 percent. The...

Labour defiant as economy recovers

NEWS ANALYSIS: Thursday's decision by Norway's central bank to scrap another interest rate cut illustrates how the country is recovering from the economic shock...

Still no change in key interest rate

Norway's central bank (Norges Bank) seemed to follow the advice of a vast majority of local economists on Thursday in deciding to keep its key...

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...

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