Norway Central Bank keeps key policy rate unchanged at 0.50 percent

Market news

21 September 2017

Norway Central Bank keeps key policy rate unchanged at 0.50 percent

Says household credit growth remains high, low house price inflation will curb debt accumulation but it will take time for household vulnerabilities to
Sees 2018 oil industry investments +1.3 pct vs june forecast of +1.0 pct
Says the decision was unanimous
The improvement in the labour market has occurred at a somewhat faster pace than assumed in june
Sees 2018 crown exchange rate at 102.4 vs june forecast of 103.7

ECB bulletin: repeats assessment that FX volatility is a source of uncertainty which requires monitoring

Major stock exchanges in Europe trading in the green zone: FTSE 7280.21 + 8.26 + 0.11%, DAX 12614.26 +45.09 + 0.36%, CAC 5270.31 +28.65 + 0.55%

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