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Saturday, June 10, 2023

Tag: interest rates

New central banker: Too much debt

Norway's new central banker made his formal debut this week, delivering his first annual address on the economy as head of Norges Bank. His...

New central bank boss takes over

Øystein Olsen started his new job this week as the head of Norway's central bank (Norges Bank) but local economists don't expect any major...

Good times keep rolling in Norway

The New Year's outlook for the Norwegian economy is even better than prospects were a few months ago, according to several local economists. They...

New bank boss warns higher rates

Øystein Olsen, the 58-year-old head of state statistics bureau SSB, was confirmed at the weekly Council of State on Friday as the new head...

High oil prices, low interest rates

Norway's central statistics bureau SSB has issued some optimistic reports that predict high oil prices and low interest rates over the next few years....

Interest rates moving up

Norges Bank raised its key lending rate for the first time in five months on Wednesday, in an effort to keep inflation and economic...

Still no hike in interest rates

The board of Norway's central bank, Norges Bank, opted to keep the country's key lending rate at its current level, 1.75 percent, on Wednesday....

Central bank: ‘No rise in interest rates’

Norway's central bank decided against raising interest rates on Wednesday, opting to keep its key policy rate at 1.75 percent. The executive board of...

Central bank raises interest rates

Norway's central bank announced Wednesday that it was raising interest rates another quarter-point, meaning most commercial lenders will raise their rates as well. Economists...

Central bank cuts interest rates to their lowest level ever

The Bank of Norway (Norges Bank) surprised the markets on Wednesday when it announced it would cut interest rates yet again, to their lowest...

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