{"id":23095,"date":"2011-08-10T14:04:00","date_gmt":"2011-08-10T18:04:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?guid=a21a28f507cb3bf629b8db741fd3d650"},"modified":"2011-08-10T14:04:00","modified_gmt":"2011-08-10T18:04:00","slug":"norges-bank-keeps-interest-rate-at-2-25","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/08\/10\/norges-bank-keeps-interest-rate-at-2-25\/","title":{"rendered":"Norges Bank Keeps Interest Rate at 2.25%"},"content":{"rendered":"<p><span class=\"Apple-style-span\" style=\"background-color: white; font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\">Norway&#8217;s central bank,&nbsp;<a href=\"http:\/\/www.norges-bank.no\/default____106.aspx\" style=\"color: #3778cd; text-decoration: none;\">Norges Bank<\/a>, maintained its key policy rate at 2.25%, and signaled further rate increases. &nbsp;The Norges Bank&nbsp;<\/span><\/span><span class=\"Apple-style-span\" style=\"background-color: white; font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\">Governor, \u00d8ystein Olsen,<\/span><span class=\"Apple-style-span\" style=\"background-color: white; font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\">&nbsp;said:&nbsp;&#8220;The decision must especially be seen against the background of the recent flare-up in financial market turbulence and clear signs of weaker growth internationally,&#8221;&#8230; and&nbsp;&#8220;An overall assessment of the outlook and the balance of risk suggests that the key policy rate be left unchanged at this meeting,&#8221;.<\/span><\/span><br \/><span class=\"Apple-style-span\" style=\"background-color: white; font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><\/span><br \/><a name='more'><\/a>At its <a href=\"http:\/\/www.centralbanknews.info\/2011\/06\/norway-central-bank-holds-interest-rate.html\">previous meeting<\/a> the Bank held the interest rate unchanged, after increasing the&nbsp;<a href=\"http:\/\/www.centralbanknews.info\/2011\/03\/norges-bank-holds-interest-rate-at-200.html\" style=\"color: #3778cd; text-decoration: none;\">interest rate<\/a>&nbsp;by 25 basis points to 2.25% in March. &nbsp;The Bank expects inflation to remain relatively low, but to progress towards the 2.5 percent inflation target (but with due upside inflation risks); Norway reported annual inflation of 1.6% in July, up from 1.3% in June, 1.6% in May, and 1.3% in April this year. &nbsp;Core inflation in July was 1.2%.<\/p>\n<div><span class=\"Apple-style-span\" style=\"background-color: white; font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"> <br \/><a href=\"http:\/\/www.centralbanknews.info\/\" style=\"color: #3778cd; text-decoration: none;\">www.CentralBankNews.info<\/a><\/span><\/span><\/div>\n<div class=\"blogger-post-footer\"><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-9101593431221074257?l=www.centralbanknews.info' alt='' \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Norway&#8217;s central bank,&nbsp;Norges Bank, maintained its key policy rate at 2.25%, and signaled further rate increases. &nbsp;The Norges Bank&nbsp;Governor, \u00d8ystein Olsen,&nbsp;said:&nbsp;&#8220;The decision must especially be seen against the background of &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-23095","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=23095"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23095\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=23095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=23095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=23095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}