Norway maintains its monetary policy framework

By Reuters News

- The Norwegian government has decided to keep the key sections of the country's monetary policy framework unchanged, the finance ministry said in a statement on Friday.

"The primary objective of monetary policy will still be low and stable inflation," says Finance Minister Jens Stoltenberg.

While a new regulation is formally adopted, only technical adjustments have been made, implying continuity, the ministry said.

The central bank targets core inflation of close to 2% annually over time.

"The new regulation will not entail any changes to the conduct of monetary policy," Norges Bank Governor Ida Wolden Bache said in a separate statement.

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