Norway
Norges Bank keeps interest rates unchanged
NORWAY - Norway's central bank kept interest rates on hold at an executive board meeting on Wednesday but switched to a neutral bias for rates, reflecting dwindling inflationary pressures in the oil-backed economy.
Speech by Svein Gjedrem of Norges Bank, 24 Aug
SPEECH - Introduction by Governor Svein Gjedrem of Norway's central bank to the ACI Nordic Congress, Panel discussion, Goteborg, 24 August.
OECD backs Norway's central bank policy
NORWAY - The Organization of Economic Cooperation and Development (OECD) urged Norway on Friday to resist the temptation of spending any more of its vast oil revenues and leave interest rates high to keep inflation in check.
Speech by Svein Gjedrem of Norges Bank, 21 Aug
SPEECH - On Wednesday Gjedrem said in a speech titled 'Monetary policy in an oil economy' that lower wage growth would boost earnings and employment. In addition, interest rates could be reduced. He added that activity in the Norwegian economy as a whole…
Wage restraint could bring rate cuts for Norway
NORWAY - Norway's central bank governor said on Wednesday that demand and activity in Norway's oil-backed economy was still high but that lower wage growth could provide a basis for lower interest rates.
Norges Bank keeps interest rates unchanged
PRESS RELEASE - Interest rates were left unchanged at Norges Bank's Executive Board meeting on 7 August 2002.
Norges Bank's press conference, 7 August
PRESS CONFERENCE - Monetary policy meeting of Norges Bank's Executive Board, 7 August.
No interest rate change in Norway
NORWAY - Norway's central bank kept key interest rates on hold on Wednesday, as expected by analysts, with inflationary pressures in Norway's oil-backed economy offset by an international slowdown.
Central Bank of Norway - Annual Report 2001
ANNUAL REPORT - The Central Bank of Norway has published its Annual Report for the year ended 2001.
Norges Bank Press Release
PRESS RELEASE - Norges Banks Annual Report on Payment Systems for 2001, 2 July.
Norges Bank Press Conference, 3 July
PRESS CONFERENCE - Monetary policy meeting of Norges Bank's Executive Board / Inflation Report 2/ 2002.
Norges Bank Press Release
PRESS RELEASE - Norges Bank increases interest rates, 3 July.
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, 17 Jun
SPEECH - Gjedrem said in a speech titled 'The Norwegian economy and monetary policy' that the Norwegian economy displays a number of strong features. Government finances are solid and foreign trade is performing well. Household finances are generally…
Speech by Svein Gjedrem, Norges Bank, 11 June
SPEECH - In a speech titled 'Monetary policy and wage growth', Svein Gjedrem, governor of Norges Bank, addresses the general assembly of the Employers' Organisation NAVO, 11 June 2002.
Speech by Svein Gjedrem, Norges Bank, 10 June
SPEECH - Svein Gjedrem, governor of the Norges Bank gave a speech titled 'One year of inflation targeting' at the Norwegian School of Management's Centre for Monetary Economics on 10 June. He discusses Norway's experience of inflation targeting and…
Norges Bank Press Release, 30 May
PRESS RELEASE - The Government Petroleum Fund records a 0.6 per cent return in the first quarter, 30 May.
Norges Bank Press Release
PRESS RELEASE - Satisfactory financial stability - despite high credit growth, 28 May.
Norges Bank's press conference
PRESS CONFERENCE - Monetary policy meeting of Norges Bank's Executive Board, 22 May.
Norges Bank press release
PRESS RELEASE - Norges Bank keeps interest rates unchanged, 22 May.
Norges Bank keeps interest rates unchanged
NORWAY - Interest rates were left unchanged at Norges Bank's Executive Board meeting on 22 May. Norges Bank's key interest rate, the sight deposit rate, remains at 6.5%.
Speech by Jarle Bergo of Norges Bank, 25 Apr
SPEECH - In a speech titled 'Oil - natural resource and financial asset' Bergo asks the question "Is an abundance of natural resources really an advantage?" and says that developing countries whose most important export is oil have generally recorded…
Speech by Svein Gjedrem of Norges Bank, 5 Apr
SPEECH - Gjedrem said in the speech titled 'Monetary policy and the outlook for the Norwegian economy' that high credit growth posed a risk to the Norwegian oil-backed economy. "The debt level in the households is increasing sharply," he said at a…
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".