Norges Bank’s Olsen says inflation targeting is 'more flexible'
The Norges Bank Governor Øystein Olsen said inflation targeting in Norway has become "more flexible", in a speech on November 19.
Speaking at the European Central Bank in Frankfurt, Olsen said low and stable inflation remains the central bank's primary objective, but it also considers a range of other factors when setting monetary policy.
These include the impact of the interest rate on output and employment, he said. The central bank also considers the risk that a prolonged period of low
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