Norway

Norges Bank keeps interest rates unchanged

NORWAY - Interest rates were left unchanged at Norges Bank's Executive Board meeting on 22 May. Norges Bank's key interest rate, the sight deposit rate, remains at 6.5%.

Speech by Jarle Bergo of Norges Bank, 25 Apr

SPEECH - In a speech titled 'Oil - natural resource and financial asset' Bergo asks the question "Is an abundance of natural resources really an advantage?" and says that developing countries whose most important export is oil have generally recorded…

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…

Speech by Svein Gjedrem of Norges Bank, 21 Mar

SPEECH - In the speech titled 'The economic situation in Norway' Gjedrem reiterated that the oil-backed economy was likely to escape a global downturn saying that "the effects of the global downturn on the activity level in Norway have been limited".

Norges Bank keeps interest rates unchanged

PRESS RELEASE - Interest rates were left unchanged at Norges Bank's Executive Board meeting on 10 April. Norges Bank's key interest rate, the sight deposit rate, therefore remains at 6.50 per cent. The overnight lending rate also remains unchanged.

Speech by Svein Gjedrem of Norges Bank, 20 Mar

SPEECH - "The effects of the global downturn on the activity level in Norway have been limited," Svein Gjedrem said in a speech prepared for ambassadors stationed in Norway. The speech was titled 'The inflation target and the floating krone: The…

Speech by Svein Gjedrem of Norges Bank, 14 Mar

SPEECH - In a speech titled 'Monetary policy and wealth management' Gjedrem said "The Norwegian loan and capital market probably has weaknesses nevertheless, with thin securities markets and little breadth in investor and owner environments compared with…

Speech by Jarle Bergo, Dep Governor Norges Bank

SPEECH - Bergo says in the speech we must be prepared for changes in the functioning of the economy over time and that one knows precisely how different shocks will affect the economy or what effects fiscal and monetary policy instruments will have. A…

Speech by Jarle Bergo, Dep Governor Norges Bank

SPEECH - Speech by Deputy Central Bank Governor Jarle Bergo of Norges Bank. The speech titled 'Monetary policy in an uncertain world' considers Norway's current inflation policy and looks at the influence monetary policy has on the economy.

Speech by Svein Gjedrem Governor of Norges Bank

SPEECH - Speech by Central Bank Governor Svein Gjedrem of Norges Bank, Norway's central bank, at the conference on EMU and the euro hosted by The European Commission, Euro-Info Centre and NHO (Confederation of Norwegian Business and Industry), Oslo, 30…

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