Norges Bank on Stoltenberg's Withdrawal, Raising Rates

Norges Bank on Stoltenberg's Withdrawal, Raising Rates

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers an interview with the interim governor of the North Bank, discussing the recent withdrawal of Jens Stoltenberg's application and the acceptance of the governor role. The governor outlines the responsibilities of managing the central bank and government pension fund. The discussion highlights the economic uncertainty caused by the Ukraine situation, policy rate changes, inflation expectations, and challenges in achieving a soft landing for the Norwegian economy. The impact of energy prices on the economy is also addressed, with forecasts indicating higher prices than previously expected.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What uncertainties are associated with the global growth outlook and energy prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the committee view the potential for faster interest rate hikes?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What assumptions are the forecasts for energy prices based on?

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