Tor Vollalokken, was featured as the top story this morning on Dagens Naeringsliv to discuss the challenges ahead with Norges Bank’s dilemma in restoring NOK strength.
He provides unique insights into the bank’s policies and explores optimal strategies. Vollalokken believes Norges Bank must make it clear to the market that the market-implied policy rate is too low and underline that for as long as the NOK is an obstacle in terms of obtaining NB’s targeted inflation level, a rate hike could come before one discuss cuts.
Read the article to hear optimal startegies and a guide to what the future of NB and the NOK may look like.
