Norway's central bank: policy shouldn't be overburdened with financial stability

April 27, 2015 5:43 PM

49 0

OSLO, April 27 (Reuters) - Norway's monetary policy should take into account the risk of increasing financial imbalances, but it should not be overburdened, and banking regulation and supervision should be the first line of defence, central bank governor Oeystein Olsen said on Monday.

"When assessing the monetary policy trade-offs, central banks must pursue the primary objective of monetary policy: low and stable inflation," he added.

Also read: ECB’s Mario Draghi Hints at Extension of Bond Purchases

Read more

To category page