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August 28, 2021
Norway came one step closer to blazing a trail in Western Europe and appointing a female central bank chief.
August 27, 2021
Oystein Olsen announced his departure from Norges Bank and a woman is in line to succeed him.
August 27, 2021
Norway came one step closer to blazing a trail in Western Europe and appointing a female central bank chief after Oystein Olsen’s announcement that he’ll step down from the role in February.
March 3, 2021
Norwayâs Strongest Housing Market Since 2016 Stokes Rate Bets Mar 03 2021, 7:53 PM March 03 2021, 7:21 PM March 03 2021, 7:53 PM (Bloomberg) -- Norwayâs house prices reached the highest level in five years, adding pressure on the central bank to raise interest rates well before peers with a move as soon as the second half of 2021. (Bloomberg) -- Norwayâs house prices reached the highest level in five years, adding pressure on the central bank to raise interest rates well before p...
February 8, 2021
Households stronger after crisis February 8, 2021 The price of Norway’s North Sea crude oil rose over the USD 60 mark on Monday, for the first time since the Corona crisis began. Economists also predict Norwegian households will be stronger when the crisis ends, and interest rate hikes are expected. Norway’s krone strengthened on Monday after the oil price rise, with one US dollar now costing around NOK 8.5 instead of NOK 8.6 before the weekend. Recent predictions by Nordea Markets of f...
January 21, 2021
Norges Bank’s ‘Surprisingly Hawkish’ Comments Fan Early Hike Bet Bloomberg 1/21/2021 Ott Ummelas (Bloomberg) -- Norway’s central bank may raise its main interest rate as early as this year, well ahead of peers, after economists found hints in its latest statement pointing to a more upbeat assessment of the future. Popular Searches Norges Bank, which kept its benchmark deposit rate at zero as expected, said its official stance remains that the first rate hike is likely ...