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Thursday, June 4, 2026

Tag: interest rates

‘No interest rate increase this year’

Norway's central bank, Norges Bank, not only refrained from raising interest rates on Wednesday but its deputy governor said its key lending rate is...

Euro sinks to new low against krone

More bad economic news from Spain sent the value of the Euro to its lowest levels against the Norwegian krone for nearly 10 years...

Borrowers avoid interest rate hike

Norway's central bank board has ignored some economists' calls for a hike in interest rates. Just a day after even Prime Minister Jens Stoltenberg...

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...
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