Below are some of the key highlights from the latest Monetary Policy Report, published along with the Norges Bank (the central bank of Norway) Executive Board’s decision to keep the key rate unchanged at 0.50%.
“¢ The outlook and the balance of risks do not appear to have changed substantially since the June report.
“¢ The Executive Board’s assessment of the outlook and balance of risks suggested that the key policy rate would most likely to be raised in September 2018.
“¢ The Executive Board’s assessment is that the upturn in the Norwegian economy appears to be continuing broadly in line with the picture presented in June.
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