Norway keeps rates at 5.25%, warns on prices

- Central Banking staff
- 23 Jan 2008

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Bank of Norway's rate-setting board on Wednesday left its key policy rate unchanged at 5.25%, despite concern over inflation.

The board acknowledged that consumer prices had increased at a faster pace than expected and that domestic growth was strong, but the worsening global outlook swayed the board into opting for a rate hold.

"In view of the weak developments in the external environment and the turbulence in financial markets, it is now on balance appropriate to leave the key policy rate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com