An average family can get NOK 3,000 less per month next year

An average family can get NOK 3,000 less per month next year

Says Randi Marjamaa, head of the personal market of Nordea NRK extension that more Norwegians will face a tough financial year with higher interest rates, more expensive food and electricity. – Many people will have to adjust their consumption in order to manage the situation, he tells NRK. This year, Nordea has had a doubling … Read more

FOMC Suggests Slower Rate Hikes, Higher Than Previously Expected End Point – Bloomberg

FOMC Suggests Slower Rate Hikes, Higher Than Previously Expected End Point – Bloomberg

The US Federal Open Market Committee (FOMC) will decide to slow the pace of interest rate hikes at its meeting on the 14th, but the terminal rate (the ultimate destination of interest rates) is expected to be higher than expected in precedence. As Fed Chairman Jerome Powell said, this is not an accommodative change, but … Read more