Speech by Svein Gjedrem of Norges Bank, 5 Apr

SPEECH - Gjedrem said in the speech titled 'Monetary policy and the outlook for the Norwegian economy' that high credit growth posed a risk to the Norwegian oil-backed economy. "The debt level in the households is increasing sharply," he said at a meeting with local SR-Bank. "Parallel growth in debt and housing prices represent a risk."

To read past speeches use our Speech Finder service. Click the link on the right.

Speech by Norway's Central Bank Governor Svein Gjedrem at SR-Bank, Stavanger on 5

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