A HISTORICALLY DEEP DECLINE

GOVERNOR ØYSTEIN OLSEN Fredrikstad, 9 November 2021.. Forecasts from Monetary Policy Report 3/21... Sources: Refinitiv Datastream and Norges Bank.. Forecasts from Monetary Policy

3) Monthly figures from January 2003 and Norges Bank projections from 2012 Q1 Sources: Thomson Reuters and Norges Bank.. As from August 2008, the CPIXE is a real time series.. As

tainty surrounding the uK’s exit from the Eu is also likely to curb growth. Further ahead, lower growth in the labour force and monetary and fiscal tightening are likely to push

Since September 2018, the policy rate has been raised gradually. The monetary stance has become less expansionary. Inflation is close to the inflation target, and capacity

the policy rate has been raised from 0.75% to 1%. in the forecast, the policy rate increases further in the course of the next half-year, reaching 1.75% at the end of 2022. the

Over the past year, the policy rate has been raised, and the monetary stance has become gradually less expansionary. Overall, the outlook and balance of risks suggest a

economic history shows that inflation and inflation expectations can become unhinged. There are many self-regulating mechanisms in the economy, but inflation does not regulate

Conference to mark the 10th anniversary of the Federation of Norwegian Professional Associations.. 24