Tag: interest rates

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...

Stock Exchange rallies despite fears

Norwegians have begun predicting the possible consequences of the unfolding drama in international markets for the country, as the Oslo Stock Exchange itself put...

Economy prospers despite EU crises

UPDATED: Revised forecasts suggest that the Norwegian economy will do better than originally expected this year, giving many consumers more money than they may...

Interest rates held at 2.25 percent

Norway's central bank, Norges Bank, has decided to keep interest rates at 2.25 percent in a move widely anticipated before today's meeting on the...

Big jump in housing starts

The tempo of residential construction projects keeps rising in Norway, fueled by low interest rates and strong demand for new housing units. State statistics...
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