Economics

Last Hawk Among G10 Central Bankers Abandons His Outlier Status

WATCH: Olsen rules out an increase in interest rates for the coming years due to the effects of the coronavirus pandemic.Source: Bloomberg
Lock
This article is for subscribers only.

Oystein Olsen, the governor of Norway’s central bank, has long been an outlier in the world of central banking. But the man once dubbed the last hawk says the pandemic has changed everything.

“Now there are not that many differences” between monetary policy in Norway, the richest Nordic economy backed by a $1.1 trillion wealth fund, and the rest of the world’s major central banks, Olsen said in an interview with Bloomberg Television’s Francine Lacqua and Tom Keene on Thursday.