Tag: interest rates
Central bank left lending rate low
The executive board of Norway's central bank left the country's key lending rate unchanged at 1.5 percent, after their latest meeting on Thursday. Officials...
Central bank cuts interest rates again
Three weeks ago, the head of Norway's central bank told a group of foreign correspondents in Oslo that while the bank's key interest rate...
Battered bank boss still smiling
Øystein Olsen, head of Norway's central bank, was still smiling this week, even after his proposal to further limit use of oil revenues was...
Norway’s currency stronger than ever
The Norwegian krone set another record last year in terms of sheer strength, compared to other foreign currencies. That makes Norway even more expensive...
Stores notice fall in holiday sales
Norwegian consumers seem to be more careful with their holiday shopping this year, and sales have slipped in comparison to last year. Economists, though,...
Central bank cuts interest rates
UPDATED: The executive board of Norway's central bank (Norges Bank) cut its key lending rate by a full half-point on Wednesday, because of concerns...
Central bank keeps rates steady
Norway's central bank (Norges Bank) kept its key policy rate unchanged at 2.25 percent on Wednesday, in line with economists' expectations. Central bank chief...
Household debt hits record high
As Norway's central bank board prepared for its latest evaluation of interest rate levels Wednesday afternoon came a report that likely won't surprise anyone...
Central bank tackles strong currency
Signals from Norway's central bank boss Øystein Olsen that the bank may even cut interest rates rather than raise them have boosted hopes for...
Interest rates unchanged as stocks fall
The Norwegian central bank, Norges Bank, has decided to hold interest rates at 2.25 percent in light of continuing global economic uncertainty, despite having...
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