Executive Board’s assessment

In its assessment of monetary policy in the period ahead, the Executive Board gave weight to the fact that the outlook for the Norwegian economy is notably weaker than

In September, the Executive Board decided to keep the key policy rate unchanged and indicated that the key policy rate would most likely remain at that level in the period ahead..

The risk that a low interest rate may result in imbalances in the real economy and a sharp rise in wage and price inflation somewhat further ahead suggests that the key policy

outlook for future growth of output relative to supply and inflation 27 principal risks around outlook and balance of risks 13. intentions for future policy interest rates

In its discussion of monetary policy in the period ahead, the Executive Board gives weight to a some- what weaker outlook for the Norwegian economy and an expected rise

2014 2016 2018 2020 2022.. In the Committee’s current assessment of the outlook and balance of risks, the policy rate will most likely remain at today’s level for some time

Twelve-month change. Sources: Statistics Norway and Norges Bank.. CPI and indicators of underlying

In its discussion of monetary policy in the period ahead, the Executive Board gives weight to the prospect that growth in the Norwegian economy will remain weak, even though