Norway Central Bank chief reiterates outlook shows it will soon be right time to hike key interest rate

Market news

14 May 2018

Norway Central Bank chief reiterates outlook shows it will soon be right time to hike key interest rate

Our latest analyses, presented in march 2018, suggest that the key policy rate will most likely be raised after summer 2018
Says at the same time, board has given weight to consideration that uncertainty as to the effects of a higher interest rate suggests a cautious approach to rate setting
Economic activity is now approaching a normal level, and inflation is projected to move up in the period ahead

Target price changes before the market open

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