Policy-Making and Models at Norges Bank
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In situations where the central bank's projections indicate that inflation two years ahead will be equal to the target while there is substantial slack in the economy, it may
The experience of recent years shows that international financial market developments can have a short-term impact on the krone exchange rate.. Heightened uncertainty and unrest in
The fixed exchange rate regime, which was introduced in 1986, reinstated monetary policy as an instrument of economic policy in Norway and laid the foundation for lower inflation
The regulation also states that monetary policy shall be aimed at stability in the Norwegian krone's external value, contributing to stable expectations concerning exchange rate
To mitigate the effects of the financial crisis, central bank key rates were cut sharply in 2008 and are still close to zero in a number of countries.. The key policy rate in
Governor Svein Gjedrem 24 September 2010.. Sovereign debt to GDP in the G7.. Per cent.. Government
Steep increases in public sector allocations, growth in private consumption and strong growth in labour costs fuel high price inflation for goods and services produced in
Conference to mark the 10th anniversary of the Federation of Norwegian Professional Associations.. 24