DNB Chief Economist Predicts Lower Interest Rates and Strong Wage Growth in Podcast Interview

Listen to the entire podcast with Kjersti Haugland here:

Strong price growth and high housing interest rates have contributed to many Norwegians struggling to make ends meet financially. Now chief economist Kjersti Haugland in DNB has a happy message. The interest rate will go down and the first cut will come in September. In total, it will decrease by well over a percentage point in the next few years.

– The total will go down slowly, but surely. Now the key interest rate is 4.5 per cent. When we stop in 2025, we think we will be at 3.25 per cent, says Haugland in the podcast Stavrum & Eikeland.

She says in the podcast that she thinks wages this year will rise by more than five percent for most people.

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Still expensive southern holidays

If the mortgage becomes cheaper, the chief economist would rather put cold water in the blood of those who want cheaper holidays in the south.

– I don’t think we will get a stronger krone. The euro is getting more expensive. The Norwegian economy is more like other countries now, says Haugland.

See more Stavrum & Eikeland here:

Thomas Øye: – I am not a symbol of “Exit”

Espen Lee: Has killed 132 people: – In a way, you are destroyed

Cecilie Fjellhøy: The Tinder scam victim reaches out to lenders: – Unworthy of Norway

Statnett CEO Hilde Tonne: Talking about one of the most heated political topics of our time

At Stavrum & Eikeland, housing prices, the use of oil money and, not least, the salary settlement in the spring are also discussed.

Listen to several episodes of “Stavrum & Eikeland”. Spotify or Apple Podcasts

Guests have included the former Prime Minister of Denmark, Helle Thorning-Schmidt, former Prime Minister Erna Solberg (H), Labor Party leader and current Prime Minister Jonas Gahr Støre, NRK’s ​​Fredrik Solvang, influencer Linnéa Myhre, athletics father Gjert Ingebrigtsen, financier Knut Brundtland, ship owner Herbjørn Hansson , as well as investors such as Jens Ulltveit-Moe, Jan Petter Sissener, Kristian Adolfsen, Johan H. Andresen, Reynir Indahl, politician Nestor Gudmund Hernes, Tinder girl Cecilie Fjellhøy, oil analyst Jarand Rystad, football legend Jan Åge Fjørtoft, Yara CEO Svein Tore Holsether, Hydro CEO Hilde Merete Aasheim, Shabana Rehman, Trond Giske, Ingebrigt Steen Jensen, investor Arne Fredly, Telenor CEO Sigve Brekke, Hadia Tajik, Thomas Øye – to name a few.

2024-03-15 10:03:02
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