Norwegian CB 's Olsen with statement on website 10 April

I had the headline comments previously on a post at FXL on 15 March where he also teasingly/unhelpfully said it remains to be seen whether August is a summer month and hike could come in Aug or Sept.

More from today's statement:

  • rates will remain lower than a few decades ago
  • productivity could pick up ahead now
  • financial crisis legacy now fading

EURNOK 9.6484 from 9.6600 vis a vis 9.4800 from 9.5600 when the comment first appeared last month.

Full speech here