Norway

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…

Norges Bank to introduce 2.5% inflation target

NORWAY - Norway's government on Mar 29, 2001 introduced a 2.5% inflation target for the country's central bank, in line with 'international practice' to raise the transparency of monetary policy and facilitiatate communications.

Norway government petroleum fund 2000 return 2.5%

Norway's government petroleum fund had a return on capital last year of 2.5%, when measured in terms of a currency basket that corresponds with the Fund's benchmark portfolio, the Norwegian central bank reported on Mar 9.

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