Norges Bank Governor Says Next Rate Hike 'Most Likely' in March 2019

The video discusses the decision to keep Norway's key rate unchanged while adjusting the rate path due to international growth prospects and lower oil prices. The weaker krone and geopolitical risks, such as Brexit, are considered in the economic outlook. Despite these challenges, the Norwegian economy is expected to grow robustly, with significant petroleum investments anticipated next year.

What was the main reason for keeping the key rate unchanged?

• Stronger international growth

• Increased confidence in the Norwegian economy

• Similar growth prospects as in September

• Higher oil prices

How does the weakened krone affect the monetary policy?

• It stabilizes the economy

• It leads to a decrease in interest rates

• It pushes the policy rate path upwards

• It has no impact

What geopolitical event is considered a risk to the economic outlook?

• Brexit

• North Korea's nuclear program

• The US-China trade war

• Middle East tensions

What is the expected trend for petroleum investments in Norway next year?

• They will accelerate significantly

• They will remain stable

• They will decrease significantly

• They will have no impact on the economy

How might strong growth in petroleum investments complicate monetary policy?

• By reducing inflation

• By widening the growth gap with Europe

• By stabilizing the currency

• By decreasing interest rates