Economic perspectives

The analyses in Inflation Report 2/2006 point towards a relatively stable exchange rate and somewhat higher wage growth in the next few years. As a result, the real exchange rate will

Monetary policy easing has been aimed at bringing inflation up towards the target of 2.5 per cent and stabilising developments in output and employment... The decline in interest

The model contains effects of the housing stock, the unemployment rate, banks' lending rates after tax, total wage income in the economy and an indicator of household

Easing pressures in the Norwegian economy and clear signs that the inflation target is being incor- porated as an anchor for wage formation may pave the way for lower interest

Given the inflation target, we will be mindful of the effects of higher interest rates on the krone exchange rate when inflation is low. Monetary Policy Report 3/07

The model suggests that the stronger downward nominal wage rigidity in Europe implies that pursuing zero inflation is more costly (in terms of higher unemployment) in Europe than in

Solutions such as announcing a higher inflation target, influencing the long nominal interest rates, fiscal policy, and currency depreciation.. However, there are

The first axis separates regions with higher population densities, lower natural growth rates, and lower unemployment on the left (Russia, Norway and Iceland) from some of the