– It’s the worst Christmas present you could get. That’s what Linn Margrethe Tron Kampen says. Together with her husband, she followed the central bank governor’s press conference earlier today. It then became known that Norges Bank is keeping the policy rate unchanged at 4.25 per cent. For the married couple Tron Kampen, it just means a short breather. At the same time, Central Bank Governor Ida Wolden Bache announced an interest rate increase in December. It takes the couple’s breath away. – It is absolutely terrible, says Linn Margrethe Tron Kampen, and receives support from the man: – It is completely black. The family lives on the painful limit of what they can manage financially. HAPPY THEY HAVE EACH OTHER: Linn Margrethe and Tore Tron Kampen does not hide the fact that it is burdensome to constantly be worried. – We can only barely manage on the interest rate that is today, says Tore Tron Kampen. After a broken leg, mum Linn Margrethe has to use a wheelchair. Photo: Alexander Nordby / news Warns interest rate jump in December Interest rates will probably be raised in December. But if Norges Bank becomes more confident that price inflation is on the way down, it can remain at the current level. – Towards the meeting in December, the committee will receive more information about the price outlook, says Central Bank Governor Ida Wolden Bache. Right now, the information is pulling in different directions, according to the governor of the central bank. On the one hand, price growth and economic activity have been lower than expected. But on the other hand, the krone has been weaker than expected. Thus, it is too early to say. But based on the forecasts from September, Wolden Bache asks the population to be prepared for a key interest rate of around 4.5 percent through 2024. PRICE GROWTH MUST BE CONTROLLED: According to Central Bank governor Ida Wolden Backe, the interest rate is close to what is needed to overcome price growth , but: – Price inflation is still high. Energy prices fluctuate a lot, and future prices show that they will increase again, she says. Photo: Stian Lysberg Solum / NTB The Consumer Council calls for hard work More than the family in Brumunddal will struggle with a new interest rate increase. In a survey by the Consumer Council and SIFO, 14 per cent answered that they had problems paying. – We see that there are 350,000 households that do not get to pay their bills, says Jorge Jensen, specialist director at the Consumer Council. The Consumer Council is now asking shops and department stores to help out. – What is easy for a business is to make deferred payment plans for those who owe money. Bought a house a year ago The family of four lives in Brumunddal in Innlandet. A year ago they bought a house and started renovating. Now the work is at a standstill, and on the second floor there are neither entire walls between the rooms nor electricity. The money goes towards food, electricity, municipal taxes, daycare and the house. – Our salary actually goes straight out as soon as we receive it, says Tore Tron Kampen. TURN ON THE CROWN: The couple Tron Kampen has a home loan, car loan and student loan. They estimate that they have a total income of NOK 8–900,000. – We have turned over every penny to make things go round, they say. Photo: Alexander Nordby / news The couple have talked about selling the house, but are worried about the housing market. Now Tron Kampen feels compelled to contact the bank and ask for an installment exemption. – We just have to do it now. We have been a little too proud, but we must contact the bank now, he says. He is not doing well as the situation is now. – It feels shameful. I don’t sleep well. MEASURES FOR FAMILIES WITH CHILDREN: One of the happy news for the Tron Kampen family when the government presented its proposal for the state budget this autumn, was that there could be NOK 2,000 less in childcare expenses next autumn. But the consolation is meager for the family who experience that the money still disappears in necessary goods. Photo: Alexander Nordby / news
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The Tron Kampen family in Brumunddal is relieved that the interest rate was kept firm today – news Innlandet – Local news, TV and radio
