Norges Bank's Olsen: Rate Path Now Relatively Flat

The video discusses the uncertainties in forecasting interest rates, emphasizing a relatively flat path at 0.5%. It highlights the importance of the currency channel in achieving monetary policy goals without specific currency targets. The housing market's influence on rate decisions is acknowledged, though not directly within the mandate. Observations of the money market spread are noted, with no concrete measures yet implemented.

What is the current trend of interest rates in Norway as discussed in the video?

• Relatively flat

• Rapidly increasing

• Highly volatile

• Decreasing sharply

Why does the Norwegian monetary policy not set specific goals for currency levels?

• Due to high inflation rates

• Because the currency is fixed

• Due to the flexible inflation targeting system

• Because the currency is not important for the economy

What is the main concern of exporters regarding the currency level?

• A high currency level increases their profits

• A low currency level is a pain threshold

• A low currency level decreases their costs

• A high currency level is a pain threshold

How does the housing market influence interest rate decisions in Norway?

• It is considered but not the main focus

• It is the primary factor in setting rates

• It has no influence on interest rates

• It directly determines the interest rates

What is the current stance on implementing liquidity measures in response to money market conditions?

• Measures have been rejected

• Measures are being implemented gradually

• Concrete measures have been implemented

• No measures have been evaluated yet