Tag: interest rates

Rate hike aimed at curbing inflation

Norway's central bank stepped up its battle against inflation on Thursday, raising interest rates once again by a half- instead of a quarter-point. It's...

Central bank raises rates, again

Norway's central bank had little choice but to raise its policy rate once again on Thursday, if by only another quarter-point. Several Norwegian economists...

Weak ‘krone’ baffles the experts

NEWS ANALYSIS: Norway's economy remains strong, its biggest companies are more profitable than ever, the price of its oil is still high and unemployment...

Housing prices rising again

Despite' predictions that rising interest rates and economic uncertainty would chill Norway's hot housing market, prices for residential property jumped yet again last month....

Interest rates keep rising in the worst and the best of times

NEWS ANALYSIS/UPDATED: The rich are getting richer and the poor poorer in Norway, where another rise in interest rates is meant to curb inflation....

Market turbulence fuels uncertainty

It was another turbulent day on the Oslo Stock Exchange and most others around the world, as new economic uncertainty grips the markets. The...

Interest rate ‘policy path’ now more uncertain

The Norwegian central bank's decision this week to keep its policy rate unchanged reflects Norway's still-high economic activity and tight labour market with low...

Interest rates keep rising

Norway's central bank (Norges Bank) went ahead and raised its key policy rate by another quarter-point on Thursday, and warned it may go up...

DNB now has unhappy customers and employees

Customers of Norway's largest and highly profitable bank, DNB, have long complained about branch closings, poor service and high fees. Now those fees are...

Inflation rate hits 7.5 percent

Prices are rising even faster than Norwegians thought: The latest numbers released Thursday show prices rose an average 7.5 percent in October, compared to...
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