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Norges Bank Governor Ida Wolden Bache - 2 Nordea - 1
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Oslo Norway Norway's U.S
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Norges Bank - 2 Norges Bank Governor - 2 Bank - 1 European Central Bank - 1 U.S . Federal Reserve - 1

Search resuls for: "Norges Bank Governor Ida Wolden Bache"


5 mentions found


☆ Wage growth and weak currency are contributors to high inflation, Norges Bank governor says
  + stars: | 2023-06-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWage growth and weak currency are contributors to high inflation, Norges Bank governor saysNorges Bank Governor Ida Wolden Bache discusses inflation after interest rates are increased by 50 basis points.
Persons: Norges Bank Governor Ida Wolden Bache Organizations: Norges Bank, Norges Bank Governor
☆ Norway central bank raises rate to 15-year high, with more to come
  + stars: | 2023-06-22 | by ( ) www.cnbc.com   time to read: +2 min
The facade of Norway's central bank, also known as Norges Bank, in Oslo, Norway. The central bank predicted the policy rate would rise to 4.25% during the autumn. "If we do not raise the policy rate, prices and wages could continue to rise rapidly and inflation become entrenched," Norges Bank Governor Ida Wolden Bache said in a statement. "Today's hawkish decision shows that Norges Bank means business and is concerned about inflation becoming entrenched," analysts at Nordea said in a note to clients. The hike raises the policy rate to its highest level since the outbreak of the global financial crisis of 2008.
Persons: Norges Bank Governor Ida Wolden Bache, Nordea Organizations: Norges Bank, Reuters, Norges Bank Governor, Bank, European Central Bank, U.S . Federal Reserve Locations: Oslo, Norway, Norway's, U.S
☆ There is 'considerable uncertainty about the economic outlook,' Norges Bank governor says
  + stars: | 2023-03-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is 'considerable uncertainty about the economic outlook,' Norges Bank governor saysNorges Bank Governor Ida Wolden Bache told CNBC there is "considerable uncertainty about the economic outlook" as she discussed Norway's central bank hiking interest rates.
☆ Central banks ramp up rates again but the pace slows
  + stars: | 2022-12-15 | by ( ) www.reuters.com   time to read: +5 min
LONDON, Dec 15 (Reuters) - Central banks in Britain, Norway, Switzerland, the euro zone and the United States have all raised interest rates this week. The central bank raised its forecast for its peak interest rate to 5.5%, up from a previous forecast of 4.1%. Money markets moved after the statement to forecast UK interest rates will top out at around 4.5% in August. Markets anticipate an 80% chance of a 50 bps hike when the Riksbank meets next in February. But market players do not expect any significant change from the world's lone major central bank dove.
☆ Norway central bank hikes rate by quarter point, likely to act again
  + stars: | 2022-12-15 | by ( Victoria Klesty | ) www.reuters.com   time to read: +2 min
Of the 24 analysts polled ahead of Thursday's meeting, all but one had anticipated a quarter-point rise, while one had bet on an unchanged rate. Reuters Graphics"The policy rate will most likely be raised further in the first quarter of next year," Norges Bank said in a statement. The Norwegian currency, the crown, strengthened to 10.42 against the euro at 0921 GMT from 10.44 just before the rate announcement. Reuters Graphics"The forecasts for the Norwegian economy are more uncertain than normal, but if the economy evolves as anticipated, the policy rate will be around 3% next year," Norges Bank Governor Ida Wolden Bache said in a statement. Norges Bank, which targets core inflation of 2% over time, on Thursday raised its 2023 core inflation forecast to 5.2% from 4.8% seen in September.
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