Norway's Olsen Says Central Bank Is Not Hawkish

The transcript discusses the current and future outlook of interest rates, emphasizing that the policy rate is expected to remain stable. It highlights the importance of the exchange rate, particularly the krona, in monetary policy decisions. The international economic context, including US-China relations and Brexit, is also considered. Norway's fiscal policy is noted for its stability, providing advantages in monetary policy management.

What is the most likely scenario for the policy rate according to the first section?

• It will decrease significantly.

• It will fluctuate unpredictably.

• It will increase significantly.

• It will remain close to the present level.

How does the current policy rate path compare to the one from September?

• They are significantly different.

• They are more or less the same.

• The current path is much higher.

• The September path was not disclosed.

What has been the trend of the krona according to the second section?

• It has been stronger than expected.

• It has been unpredictable.

• It has been weaker than expected.

• It has remained stable.

What international developments are mentioned as having positive impacts?

• US-China trade negotiations and Brexit.

• European Union expansion and US elections.

• Middle East peace talks and global warming.

• North Korea denuclearization and space exploration.

How does Norway's fiscal policy benefit its monetary policy?

• By providing room for maneuver.

• By reducing public debt.

• By limiting government spending.

• By increasing taxes.