Central Bank of Norway
Norwegian Monetary Policy Unchanged
September 19, 2013
The analyses imply a key policy rate at today’s level in the period to summer 2014, followed by a gradual increase to a more normal level,” says Deputy Governor Jan F. Qvigstad. This was the ninth straight meeting in which the policy rate was left at 1.5%. The last changes were cuts of 50 basis […] More
Norges Bank Signals Unchanged Monetary Policy for another Year
March 14, 2013
“The analyses suggest that the key policy rate be kept low longer than previously anticipated. The first increase in the key policy rate is now projected to take place in spring 2014,” says Governor Øystein Olsen. The central bank’s policy interest rate has been at 1.5% since a 25-basis point rate cut March 2012, and […] More
