Norges Bank

Norges Bank's Inflation Report 2, 2002

REPORT - The Inflation Report discusses developments in the Norwegian economy and other factors that influence the inflation outlook. In addition, the balance of risks and uncertainty associated with the inflation projections are assessed.

Speech by Svein Gjedrem of Norges Bank, 21 Mar

SPEECH - In the speech titled 'The economic situation in Norway' Gjedrem reiterated that the oil-backed economy was likely to escape a global downturn saying that "the effects of the global downturn on the activity level in Norway have been limited".

Speech by Jarle Bergo, Dep Governor Norges Bank

SPEECH - Speech by Deputy Central Bank Governor Jarle Bergo of Norges Bank. The speech titled 'Monetary policy in an uncertain world' considers Norway's current inflation policy and looks at the influence monetary policy has on the economy.

Speech by Svein Gjedrem Governor of Norges Bank

SPEECH - Speech by Central Bank Governor Svein Gjedrem of Norges Bank, Norway's central bank, at the conference on EMU and the euro hosted by The European Commission, Euro-Info Centre and NHO (Confederation of Norwegian Business and Industry), Oslo, 30…

Norges Bank keeps interest rates unchanged

NORWAY - Interest rates were left unchanged at Norges Bank's Executive Board meeting on 16 May. Norges Bank's key rate, the sight deposit rate, remains at 7.00 per cent. The overnight lending rate also remains unchanged.

Norges Bank to introduce 2.5% inflation target

NORWAY - Norway's government on Mar 29, 2001 introduced a 2.5% inflation target for the country's central bank, in line with 'international practice' to raise the transparency of monetary policy and facilitiatate communications.

Norway government petroleum fund 2000 return 2.5%

Norway's government petroleum fund had a return on capital last year of 2.5%, when measured in terms of a currency basket that corresponds with the Fund's benchmark portfolio, the Norwegian central bank reported on Mar 9.

Norway downplays cbank critique of state ownership

Reaction in Norway's Labour government to central bank governor Svein Gjedrem's sharp criticism of state ownership in Norwegian companies has been muted so far. A spokeswoman for the Finance Ministry said Feb 16, 2001 there are no plans to issue an…

IMF says Norway economy to grow 2.4% in 2001

The International Monetary Fund said on Feb. 5, 2001, it foresaw continued good growth for Norway, the world's second-largest oil exporter, this year although at a slightly more modest clip than in 2000.The Fund expected Norwegian gross domestic product…

Norges Bank supports MeritaNordbanken's buy

The Norwegian central bank, Norges Bank, said Thursday it recommends to the Norwegian banking and insurance authority that Nordic Baltic Holding and its unit MeritaNordbanken (S.MNB) be allowed to acquire Christiania Bank og Kreditkassen (Y.CBK).

Svein Gjedrem: Norwegian monetary policy

At a conference held in Copenhagen on 17 November 2000, Mr Svein Gjedrem, governor of the Norges Bank, gives a speech on Norwegian monetary policy. Mr Svein Gjedrem discusses the relationship between the special structure of the Norwegian economy and…

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