Executive Board meeting 6 May 2009

• The key policy rate should lie in the interval 4 – 5 per cent in the period to the publication of the next Report on 27 June 2007, conditional on economic developments that

Annual rise in market prices and twelve-month change in debt.. Expected real return on the Government Pension Fund – Global and structural non-oil deficit. In billions of

Norwegian three−month money market premium 2) Kliem premium 3).. 2) Average interest rate on all loans to households from banks and mortgage companies. 3) Key policy rate

Owing to high money and credit market premiums, the decline in the key policy rate in December has not resulted in lower bank lending rates.. In January, banks announced

Owing to high money and credit market premiums, the decline in the key policy rate in December has not resulted in lower bank lending rates.. In January, banks announced

Sources: Statistics Norway, OPAK, the real estate sector (NEF, EFF, FINN.no and ECON Pöyry), OBOS and Norges Bank.. Norges Bank’s key

in the light of Norges Bank’s key policy rate forecast.. 2) Share of contacts where production is constrained by labour supply.. Unemployment and employment. In thousands.. Key

1) The expected key rate is measured by the Overnight Indexed Swap (OIS). For Norway, the estimates are based on key policy rate expectations in the market.. Growth forecasts