Norway keeps interest rates on hold

NORWAY - Norway's central bank kept interest rates on hold on Apr 4, 2001 and reaffirmed a neutral outlook for rates, in line with analysts' forecasts, after four hikes in key rates in 2000.

The central bank's executive board kept the deposit rate at 7.0 percent in its first meeting since a shift in monetary policy last week to a goal of limiting annual inflation to 2.5 percent from a target of keeping the crown stable against the euro.

Deputy central bank governor Jarle Bergo said that "in the