Norway's central bank says uncertainty unusually high

Sparebank 1 Sor-Norge ASA

13/03/2020 10:42

OSLO, March 13 (Reuters) - Norway's central bank sees
unusally high uncertainty in the economy as a result of the
coronavirus outbreak, and the bank's economic forecasts have
changed day by day, the bank's governor said on Friday.
    The bank does not exclude the possibility of cutting the key
policy rate below zero percent, Norges Bank governor Oeystein
Olsen told news conference after announcing a surprise cut to
1.0% from 1.5%.  urn:newsml:reuters.com:*:nL8N2B61JO
    "These are not normal times, and nothing can be excluded,"
Olsen said.

 (Reporting by Victoria Klesty, editing by Terje Solsvik)
 ((victoria.klesty@thomsonreuters.com; +47 2331 6592))