Tag: interest rates

Interest rates cut, shares rebounded

After another terrible day for the Oslo Stock Exchange on Thursday, its main index bounced back Friday morning, up more than 2 percent as...

No new rise in interest rates

Norway's central bank handed out an early holiday gift to borrowers on Thursday, when it confirmed that its executive board had opted against another...

No increase in the key interest rate

The executive board of Norway's central bank (Norges Bank) has acted in line with economists' recommendations this time, announcing Thursday that there would be...

Interest rate hike aimed at stability

The executive board of Norway's central bank defied many local economists and other central bankers around the world on Thursday by going ahead with...

Historically weak krone recovers a bit

It's been 17 years since it cost more than NOK 9 to buy one US dollar, but that's how weak the krone was through...

Interest rates steady, shares recover

The executive board of Norway's central bank kept its key policy rate unchanged at 1.25 percent on Thursday. The Oslo Stock Exchange, meanwhile, seemed...

Central bank raises interest rates

Interest rates rose another quarter-point on Thursday, after Norway's central bank decided that it was time to gently step on the country's economic brakes....

Interest rates rise on a strong economy

Norges Bank raised its key policy rate on Thursday in a move that was widely expected but also debated. Norway's central bank board ultimately...

Prospects bright for Norway’s economy

Norwegian economists agree that New Year prospects are bright for the country's economy in 2019. They predict economic growth of 2 percent, low interest...

Economists relieved as rates stay low

Economists had warned against any increase in Norwegian interest rates right now, and the country's central bank may well have taken note. Its governor...
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