Central bankers eye Norway's clarity on rates

According to this article published by the Financial Times on Friday 26 May, Norges Bank's "subversive" transparency is attracting a great deal of attention in central banking circles.

Following the Norwegian central bank's decision to start publishing three-year interest rate forecasts last November, other central banks, the article says, have moved in the opposite direction as rare period of certainty has been replaced by less clear conditions.

The ECB is deliberately vague on the direction o