Norges Bank
Norway's Gjedrem on wealth management
In the speech 'Wealth management in a public setting' given on 18 September Svein Gjedrem of Norges Bank said Norway's vast state pension fund, which invests the country's oil wealth, is considering investments in riskier assets in search of higher…
Norges Bank paper on inflation targeting
The Norges Bank Working Paper "Flexible inflation targeting and financial stability: Is it enough to stabilise inflation and output?" investigates empirically whether a central bank can promote financial stability by stabilising inflation and output.
Norges Bank appoints communications director
Norges Bank announced on Friday 1 September that Siv Meisingseth has joined the central bank as Director of Corporate Communications.
Norges Bank raises interest rates
In a widely expected move, Norway's central bank raised interest rates by 25 basis points on 17 August. The rise was the third this year and follows the central bank's stated recent pattern of "small and not too frequent steps".
Norway's investments struck by rising krone
Norges Bank today published its second quarter results for its investment management division, showing negative returns in both equity and fixed income markets.
Norges Bank Economic Bulletin, July 2006
Norges Bank published its July 2006 Economic Bulletin on Thursday 6 July. The latest Bulletin includes: "Review of the ECB's strategy and alternative approaches," a speech by Jan Qvigstad, Chief Economist, Norges Bank and "Norges Bank's management of…
Norges Bank Inflation Report, June 2006
Norges Bank published its Second Inflation Report for June 2006 on Thursday 29 June. The cyclical expansion in the Norwegian economy is continuing, according to the report.
Norges Bank Financial Stability Report No.1, 2006
The central bank of Norway, Norges Bank, published its twice yearly Financial Stability Report 1/2006 on 6 June. The overall outlook for financial stability is considered to be satisfactory, said deputy governor of Norges Bank Jarle Bergo.
Norges Bank's Annual Report on payment systems 05
Changes in the use of different payment instruments have resulted in a further increase in the efficiency of the Norwegian payment system, said Deputy Governor Jarle Bergo when he presented the Annual Report on Payment Systems at a press conference on 31…
Central bankers eye Norway's clarity on rates
According to this article published by the Financial Times on Friday 26 May, Norges Bank's "subversive" transparency is attracting a great deal of attention in central banking circles.
Norges Bank names new communications director
Siv Meisingseth, Chief Information Officer, SAS Braathens Airline, has accepted the position of communications director at Norges Bank, commencing on 1 September.
Norges Bank Economic Bulletin, April 2006
Norges Bank has published its April 2006 Economic Bulletin. The latest Bulletin includes: "Economic perspectives" address by Svein Gjedrem, "Projections, uncertainty and choice of interest rate assumption in monetary policy" address by Jarle Bergo, and …
Norway contributes to UN principles on investments
Norges Bank published the document "Principles for Responsible Investment" on Thursday 27 April. The principles were developed by an international group of major institutional investors, on the basis of an initiative by the UN.
Norges Bank Inflation Report, March 2006
Norges Bank published its First Inflation Report for March 2006 on Thursday 16 March. The overall assessment in the Inflation Report is in line with the strategy in the previous Report.
Norges Bank increases interest rates by 0.25%
Norges Bank's Executive Board decided on Thursday 16 March to raise the sight deposit rate by 0.25 percentage point to 2.50 per cent with effect from 17 March.
Norges Bank - Annual Report 2004
According to Norges Bank's Annual Report 2004, after a moderate slowdown in the first half of 2003, growth in the Norwegian economy picked up markedly in 2004.
Norges Bank's monetary policy conference 2006
On Thursday 30 March, Norges Bank is holding a monetary policy conference in connection with the publication of Norges Bank's Annual Report for 2005.
Norway's Gjedrem on economic perspectives
In the speech 'Economic perspectives' given on 16 February Svein Gjedrem of Norges Bank said the Norwegian interest rate should be gradually - in small, not too frequent steps - brought up to a more normal level.
Norway's Bergo on monetary policy
In the speech 'Projections, uncertainty and choice of interest rate assumption in monetary policy' given on 27 January Jarle Bergo of Norges Bank said assessing uncertainty is an important part of the central bank's communication strategy.
Norges Bank, Economic Bulletin, December 2005
Norges Bank, the central bank of Norway, has published its December 2005 Economic Bulletin. The latest Bulletin includes the article "Norges Bank's role in cash distribution" the major changes Norges Bank has made in its cash operations during the past…
Norway's Bergo on monetary policy
In the speech 'Monetary policy and the cyclical situation' given on 23 November Jarle Bergo of Norges Bank said developments ahead are uncertain and the Norwegian economy may be exposed to shocks.
Norway's Gjedrem on petroleum wealth
In the speech 'The management of petroleum wealth' given on 8 November Svein Gjedrem of Norges Bank said the Petroleum Fund is a very long-term savings plan.
Norway paper on Monetary policy and asset prices
A recent Bank of Norway working paper investigates whether there is a case for asset prices in interest rates rules within a small econometric model of the Norwegian economy.
Norges Bank increases interest rates by 0.25%
Norges Bank's Executive Board decided on Wednesday 2 November to raise the sight deposit rate by 0.25 percentage point to 2.25 per cent with effect from 3 November. Output growth is high and may in isolation suggest a more rapid increase in the interest…