The Executive Board’s assessment

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

In its discussion of monetary policy in the coming period, the Executive Board gave weight to the moderate pace of growth in the Norwegian economy and prospects for somewhat

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

• The Executive Board’s assessment is that the sight deposit rate should be in the interval 3¼ - 4¼ per cent in the period to the publication of the next Inflation Report on 15

In its assessment of monetary policy in the coming period, the Executive Board gave weight to the fact that global and domestic economic developments have largely been in line

On this basis, the Executive Board discussed the monetary policy situation and decided to increase the interest rate on banks’ sight deposits and D-loans in Norges Bank by

• The Executive Board’s assessment is that the sight deposit rate should be in the interval 3¼ - 4¼% in the period to the. publication of the next Inflation Report on 15 March 2007,

• 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