Norwegian businesses have reversed their expectations regarding interest rates.
RENTEUTSIKTER: NHOs sjeføkonom Øystein Dørum sier bedriftene ikke lenger forventer rentekutt i år. Foto: Skjalg Bøhmer Vold / Skjalg VoldVis mer
Norwegian businesses no longer anticipate interest rate cuts, according to a recent survey from the Confederation of Norwegian Enterprise (NHO). The organization’s poll indicates that companies now expect the key interest rate to remain around 4 percent by the end of 2026.
This marks a significant shift from October of last year, when businesses predicted two rate cuts during 2026.
“I think it has a lot to do with them reading the newspapers, frankly,” said Øystein Dørum, NHO’s chief economist.
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