BobbyBuckle on Nostr: The Circle of CPI: In Norway, interest rates are still being kept high by the central ...
The Circle of CPI:
In Norway, interest rates are still being kept high by the central bank because inflation is high.
According to Statistics Norway (SSB), inflation is high because high interest rates lead to high housing rental costs.
https://www.ssb.no/en/priser-og-prisindekser/konsumpriser/statistikk/konsumprisindeksen/artikler/cpi-up-3.0-per-cent-last-12-months_092024
In Norway, interest rates are still being kept high by the central bank because inflation is high.
According to Statistics Norway (SSB), inflation is high because high interest rates lead to high housing rental costs.
https://www.ssb.no/en/priser-og-prisindekser/konsumpriser/statistikk/konsumprisindeksen/artikler/cpi-up-3.0-per-cent-last-12-months_092024