(Bloomberg) Norway’s central bank is poised this week to cement its plan for another interest-rate increase in June as part of a probable timetable of quarterly hikes lasting until 2024.
All economists in a Bloomberg survey expect the Norges Bank to keep its key deposit rate at 0.
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Norway’s unemployment rate fell to a 13-year low, data that may justify continued interest-rate hikes to prevent the economy from overheating.
(Bloomberg) Denmark faces a shortage of labor that could hamper economic growth for years to come unless fixes are made to its jobs market and education system, Prime Minister Mette Frederiksen said.
Norwayâs Strongest Housing Market Since 2016 Stokes Rate Bets
Mar 03 2021, 7:53 PM
March 03 2021, 7:21 PM
March 03 2021, 7:53 PM
(Bloomberg) Norwayâs house prices reached the highest level in five years, adding pressure on the central bank to raise interest rates well before peers with a move as soon as the second half of 2021.
(Bloomberg) Norwayâs house prices reached the highest level in five years, adding pressure on the central bank to raise interest rates well before peers with a move as soon as the second half of 2021.
The cost of a home rose 1.3% this month from January, the biggest increase for a February since 2009, according to Real Estate Norway, Eiendomsverdi and Finn.no. Annual gains exceeding 10% in several areas, including a 15% jump in Oslo, signal the strongest market since 2016, said Henning Lauridsen, the chief executive officer of Real Estate Norway.