Norges Bank unlikely to follow others into negative territory, says Olsen

oystein-olsen-norges-bank-150
Øystein Olsen, governor of Norges Bank: "Advanced economies are facing deep structural challenges related to low growth"

European monetary policy is being put increasingly under strain, but Norway is unlikely to follow others into negative interest rate territory, Norges Bank governor Øystein Olsen said today (October 1).

Many central banks in Europe have pushed rates below zero, including the European Central Bank (ECB), Sveriges Riksbank, National Bank of Denmark and Swiss National Bank. But no one is certain how low is too low.

In a discussion of the risks stemming from negative interest rates during a speech a

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 indvidual account here: