Norway’s central bank kept borrowing costs steady but sought to prepare investors for more tightening to calm some of the strongest price pressures in the region.
Norway’s central bank kept borrowing costs steady but sought to prepare investors for more tightening to calm some of the strongest price pressures in the region.
Norges Bank Governor Ida Wolden Bache Photographer: Andrea Gjestvang/Bloomberg
Sweden and Norway face contrasting economic risks, but the two Nordic neighbors are still likely to emerge with the same outcome of no change for borrowing costs this week.
Sweden and Norway face contrasting economic risks, but the two Nordic neighbors are still likely to emerge with the same outcome of no change for borrowing costs this week.
Sweden and Norway face contrasting economic risks, but the two Nordic neighbors are still likely to emerge with the same outcome of no change for borrowing costs this week.
Sweden and Norway face contrasting economic risks, but the two Nordic neighbors are still likely to emerge with the same outcome of no change for borrowing costs this week.
Norway’s businesses presented a less rosy outlook in a key survey of corporate sentiment, likely easing pressure on the nation’s central bank to extend its interest-rate hikes next week.
Norway’s businesses presented a less rosy outlook in a key survey of corporate sentiment, likely easing pressure on the nation’s central bank to extend its interest-rate hikes next week.
Norway’s underlying inflation rate unexpectedly rose to its highest level in four months, adding fuel to forecasts for more interest-rate hikes from the central bank this year.
Norway’s underlying inflation rate unexpectedly rose to its highest level in four months, adding fuel to forecasts for more interest-rate hikes from the central bank this year.
Higher fuel prices in the wake of the Middle East war are reducing incentives to find other sources of economic growth
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea, Norway, on Monday, Feb. 13, 2023. Equinor, Norway’s biggest oil and gas producer, said the second phase of its giant Johan Sverdrup field in the North Sea is now on stream.
The drawbacks to Iceland from having its own currency likely exceed the benefits, the country’s Finance Ministry said, citing the conclusions of a government-commissioned report.
The drawbacks to Iceland from having its own currency likely exceed the benefits, the country’s Finance Ministry said, citing the conclusions of a government-commissioned report.
A customer holds an Icelandic 5000 krona banknote in Reykjavik, Iceland, on Wednesday, Aug. 12, 2015. Iceland's economy will grow 4.2 percent this year, the central bank estimates, almost three times the rate the European Commission says the euro zone will manage.
The drawbacks to Iceland from having its own currency likely exceed the benefits, the country’s Finance Ministry said, citing the conclusions of a government-commissioned report.
The drawbacks to Iceland from having its own currency likely exceed the benefits, the country’s Finance Ministry said, citing the conclusions of a government-commissioned report.
A customer holds an Icelandic 5000 krona banknote in Reykjavik, Iceland, on Wednesday, Aug. 12, 2015. Iceland's economy will grow 4.2 percent this year, the central bank estimates, almost three times the rate the European Commission says the euro zone will manage.
Denmark’s economy grew for a fourth straight quarter mainly on the strength of its pharmaceuticals industry, highlighting the Nordic nation’s relative resilience as it braces for the fallout from the Iran war.
Denmark’s economy grew for a fourth straight quarter mainly on the strength of its pharmaceuticals industry, highlighting the Nordic nation’s relative resilience as it braces for the fallout from the Iran war.
The Novo Nordisk A/S headquarters in Bagsvaerd, Denmark.
Sweden’s central bank will probably raise borrowing costs by 25 basis points in the final quarter of this year, earlier than previously seen, according to a Bloomberg survey.
Sweden’s central bank will probably raise borrowing costs by 25 basis points in the final quarter of this year, earlier than previously seen, according to a Bloomberg survey.
Norges Bank delivered western Europe’s first hike in borrowing costs since the outbreak of the Iran war, opting for immediate action to tackle stubbornly high inflation.
Norges Bank delivered western Europe’s first hike in borrowing costs since the outbreak of the Iran war, opting for immediate action to tackle stubbornly high inflation.
Central banks in Sweden and Norway are both set to keep borrowing costs steady this week, albeit against inflation backdrops that contrast starkly between each neighbor.
Central banks in Sweden and Norway are both set to keep borrowing costs steady this week, albeit against inflation backdrops that contrast starkly between each neighbor.
The European Central Bank will probably increase borrowing costs if the Iran war persists, according to outgoing Governing Council member Madis Muller.
The European Central Bank will probably increase borrowing costs if the Iran war persists, according to outgoing Governing Council member Madis Muller.
The European Central Bank will probably increase borrowing costs if the Iran war persists, according to outgoing Governing Council member Madis Muller.
The European Central Bank will probably increase borrowing costs if the Iran war persists, according to outgoing Governing Council member Madis Muller.
A euro symbol statue at the ECB headquarters in Frankfurt.
Norway’s wealth fund lost 1.9% in the first quarter, dragged down by investments in US technology stocks as the war in the Middle East rattled markets.
Norway’s wealth fund lost 1.9% in the first quarter, dragged down by investments in US technology stocks as the war in the Middle East rattled markets.
Norges Bank Investment Management deputy CEO Trond Grande, left, and CEO Nicolai Tangen in January.
Anmelden
