Speech by Svein Gjedrem of Norges Bank, 21 Aug

SPEECH - On Wednesday Gjedrem said in a speech titled 'Monetary policy in an oil economy' that lower wage growth would boost earnings and employment. In addition, interest rates could be reduced. He added that activity in the Norwegian economy as a whole is still high with solid growth in demand for goods and services.

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Address by Svein Gjedrem, Central Bank Governor to the Norwegian United Federation of Trade

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