Norway's Olsen Sees First Rate Hike at End of 2018

Norway's Olsen Sees First Rate Hike at End of 2018

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Business

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Hard

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The transcript discusses the current state and future expectations of monetary policy, focusing on the potential for a rate hike by the end of 2018. It highlights the need for an expansionary policy and the improved economic prospects in Asia. The discussion also covers the decoupling of the Norwegian kroner from oil prices, suggesting it may be temporary. The housing market's influence on currency and economic stability is examined, with a belief in a soft landing. Finally, the transcript considers whether 2018 will mark the normalization of monetary policy, concluding that it is too early to determine.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks mentioned regarding the housing market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the interest rates in 2018?

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