Expectations matter for interest rates: Norway’s Olsen


Øystein Olsen, governor of the Norges Bank, on Monday said interest rate movements should be carefully considered within the environment to which they are applied.

At the Centre for Monetary Economics Norwegian School of Management, Olsen said: "If the interest rate is raised today in response to an unexpected change in price and cost inflation, a fall in capacity utilisation must be expected. However, if the interest rate is increased in response to an unexpected pickup in demand for goods and

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

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 individual account here: