Norges Bank

Norges Bank reduces interest rates

Norway's central bank cut its main interest rate by 0.50 percentage points on Wednesday 30 April, saying that the balance of probability suggested inflation would be lower than the 2.5 target in two years time.

Norges Bank's regional network

In autumn 2002, Norges Bank established a regional network of enterprises, organisations and municipalities throughout Norway. We will have six rounds of talks each year with business and community leaders concerning financial developments in their…

Norges Bank Press Release, 5 Mar

PRESS RELEASE - Norges Bank has decided to reduce the interest rate on banks' deposits with Norges Bank, the sight deposit rate, by 0.50 percentage point with effect from 6 March. The interest rate on banks' overnight loans will also be reduced by 0.50…

Gjedrem on economic perspectives

SPEECH - In the speech 'Economic perspectives' Svein Gjedrem of Norges Bank said in response to heightened uncertainty and fears of war, traditional safe havens for capital, such as the Swiss franc and gold, have become increasingly attractive. Gold…

Norges Bank's accounts for 2002

PRESS RELEASE - Norges Bank's annual accounts for 2002, released 20 February, show a deficit of NOK 24.1 billion, compared with a deficit of NOK 4.7 billion in 2001. No transfer will be made to the Treasury from the Transfer Fund.

Jarle Bergo on monetary policy in Norway

SPEECH - Jarle Bergo, Deputy Governor of Norges Bank, speaks about the role of monetary policy within Norway's economic policy. The speech was given at the Confederation of Vocational Unions on 7 February 2003.

Norges Bank Press Conference

PRESS CONFERENCE - Norges Bank's Executive Board decided today to reduce the key rate, the sight deposit rate, by 0.5 percentage point with effect from Thursday, 23 January.

Bergo on challenges facing the Norwegian economy

SPEECH - In the speech 'Challenges facing the Norwegian economy' Jarle Bergo of Norges Bank said it should be possible for us to live well with petroleum, but it will require our addressing a number of challenges. The varying inflow of revenues must be…

Norges Bank Financial Stability Report No.2, 2002

REPORT - The Central Bank of Norway, Norges Bank, published its twice yearly Financial Stability Report 2/2002 on 28 November. Central Bank Governor Svein Gjedrem, said when Norges Bank presented the report that the outlook for financial stability in…

Bergo on monetary policy and economic cycles

SPEECH - In the speech 'Oil revenues, monetary policy and economic cycles' Jarle Bergo of Norges Bank said GDP growth is likely to pick up but will remain below the growth potential next year and that the interest rate increase in July has resulted in…

New mandates for management of equity portfolios

PRESS RELEASE - Norges Bank Investment Management is today announcing new external active mandates for the Government Petroleum Fund. The new mandates are within the consumer staples, consumer cyclicals, media and services sectors, 12 November.

Gjedrem on monetary policy in Norway

SPEECH - In the speech 'Monetary policy in Norway' made on 17 October, Svein Gjedrem of Norges Bank said with the free flow of capital, deep capital markets and the phasing in of petroleum revenues into the Norwegian economy, inflation targeting is the…

Bergo on assessing financial stability

SPEECH - In the speech 'Using Financial Soundness Indicators to Assess Financial Stability' made on 17 September, Jarle Bergo of Norges Bank said Norges Bank's Financial Stability Reports provide a suitable framework for dialogue with the financial…

Speech by Svein Gjedrem of Norges Bank, 20 Sep

SPEECH - Gjedrem said in the speech titled 'Current monetary policy issues' that together with prospects for low inflation internationally, the strong krone is the most important force acting as a counterweight to the sharp rise in domestic costs.

Speech by Svein Gjedrem of Norges Bank, 19 Sep

SPEECH - Gjedrem said in the speech titled 'Economic policy challenges' that monetary policy functions with considerable and variable lags. Therefore, the current level of inflation does not provide an adequate basis for determining the level at which…

Speech by Hermann Remsperger, Bundesbank, 23 Sep

SPEECH - In the speech titled 'Economic outlook and economic policy challenges for Germany' Remsperger said the planned enlargement of the European Union is certainly a challenge. The negotiations which are currently being conducted with 12 countries,…

Speech by Jarle Bergo of Norges Bank, 5 Sep

SPEECH - Bergo said in the speech titled 'Monetary policy, cyclical fluctuations and competitiveness' that through a sound, credible orientation of monetary policy, it is possible to attain an inflation rate that on average is equal to the targeted…

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

.