Monetary Policy Report 2/11
Report
Updated version
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http://hdl.handle.net/11250/2574238Utgivelsesdato
2011Metadata
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The monetary policy strategy in Section 1 was approved by the Executive Board on 22 June 2011. In the spreadsheet published at 2 pm on Wednesday 22 June, Norges Bank’s projected key policy rate was erroneously stated to be 2.35 per cent in the third quarter and 2.66 per cent in the fourth quarter of 2011. The correct figures are 2.39 per cent for the third quarter and 2.65 per cent for the fourth quarter. The corrected spreadsheet was published on Norges Bank’s website on Wednesday 22 June at 4 pm. The Report is published three times a year, in March, June and October/November. The Report assesses the interest rate outlook and includes projections for developments in the Norwegian economy and analyses of selected themes. At its meeting on 27 April 2011, the Executive Board discussed relevant themes for the Report. At the Executive Board meeting on 8 June, the economic outlook and the monetary policy stance were discussed. On the basis of this discussion and a recommendation from Norges Bank’s management, the Executive Board adopted a monetary policy strategy for the period to the publication of the next Report on 19 October 2011 at the meeting held on 22 June. The Executive Board’s summary of the economic outlook and the monetary policy strategy are presented in “The Executive Board’s assessment”. In the period to the next Report, the Executive Board’s monetary policy meetings will be held on 10 August, 21 September and 19 October.
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Norges BankSerie
Monetary Policy Report;2/2011Reports from the Central Bank of Norway;No. 3-2011