Central Banking

Speech by Svein Gjedrem, Norges Bank, 11 June

SPEECH - In a speech titled 'Monetary policy and wage growth', Svein Gjedrem, governor of Norges Bank, addresses the general assembly of the Employers' Organisation NAVO, 11 June 2002

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Monetary policy and wage growth

Norway's economic policy is based on the guidelines for fiscal and monetary policy. The guideline for fiscal policy states that the use of petroleum revenues over the central government budget shall be

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