Norway signals further easing as it cuts again

norges-bank-building
Norwegian Central Bank Building

Norway's central bank cut its key rate by 25 basis points to 0.75% today, with a view to imposing another similar sized cut later this year.

Norges Bank cited weaker growth forecasts as a key motivation for the move, on the back of lower-than-expected oil prices and investment.

Inflation, excluding energy products and adjusted for tax changes, is running at 3% in Norway, but the headline figure is projected to drop to 2% by 2018, offering the central bank space to ease policy.

Governor Øystein O

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: