ExEcutivE Board’s assEssmEnt
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There were prospects that the policy rate would remain close to 1.50 percent ahead, inflation would continue to be close to the inflation target and unemployment would remain low..
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
Given the inflation target, we will be mindful of the effects of higher interest rates on the krone exchange rate when inflation is low. Monetary Policy Report 3/07
Sources: Statistics Norway, OPAK, the real estate sector (NEF, EFF, FINN.no and ECON Pöyry), OBOS and Norges Bank.. Norges Bank’s key
The Executive Board’s current assessment of the outlook and balance of risks suggests that the key policy rate will remain at today’s level in the period ahead.. Economic growth
If the Norwegian economy moves broadly in line with the projections in this Report, the Executive Board’s assessment is that the key policy rate should remain at today’s level or
Source: Bloomberg.. Key policy rate, money market rate 1) and weighted bank lending rates 2). Per cent. 1)
Sources: Statistics Norway, OPAK, the real estate industry (NEF, EFF, FINN.no and ECON Pöyry), OBOS and Norges Bank.. Key policy rate, money market rate 1) , weighted bank