{
  "id": 9724256,
  "title": "Frykter flere rentehopp: – Nødt til å be Nav om hjelp",
  "url": "https://urgent.news/2026/09/25/frykter-flere-rentehopp-n-dt-til-a-be-nav-om-hjelp",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T06:55:39.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/norsk-oekonomi/i/8pa81r/frykter-flere-rentehopp-noedt-til-aa-be-nav-om-hjelp"
  },
  "original_language": "en",
  "account": "Frykter flere rentehopp: Nødt til å be Nav om hjelp - Vegard Jensen, from Hemnes in Aurskog-Høland, and his partner have three children and an annual income of around 900,000 kroner before taxes. Higher prices for food and fuel have already tightened their finances, says Vegard Jensen, interviewed at his workplace, Ravens Garage in Båstad. On Thursday, the Norges Bank raised the policy rate by 0.25 percentage points to 4.5 percent. The central bank also warns that rates may stay high for some time. If rates remain high or increase and they don't get a better-paying job, they'll have to ask Nav for help, says Jensen. Frp leader Sylvi Listhaug also visited Jensen's workplace on Thursday. She believes many families in Norway are struggling with the same stress. Higher fuel, food, and other price hikes could lead to worse nights' sleep this winter, she says. Jensen and his partner have about 2.6 million kroner in loans, which now cost between 3,000 and 5,000 kroner more per month than when they bought their house in 2022. The bank's rate hike alone adds around 6,500 kroner more in interest payments each year to their loan, before tax deductions. For their family, driving is essential, with long distances between home, work, school, and leisure activities. If fuel prices rise further and rates stay high, they'll be in the red, says Jensen. They estimate their family spends around 3,000 kroner more on fuel each month than two years ago. For them, buying an electric car is not feasible, as they'd need to take out a loan. They don't have the capital to make that investment. Public transportation is not a viable alternative, according to Jensen, as journey times make it difficult to combine public transport with work and childcare. Listhaug believes politicians cannot fix global uncertainty but can influence tax levels domestically. Frp wants to halve food tax and cut fuel taxes. Listhaug says it would help lower both food and fuel costs and ease inflation, which affects the interest rate. Fuel prices impact the entire economy, and food and other goods and services need to be subsidized, she says. Kuttene, or cuts, were at 4.71 kroner per liter for gasoline and 4.51 for diesel until September, costing 6.7 billion kroner in total. Listhaug says avgiftskuttene, or tax cuts, won't bring immediate price relief. People need their cars to survive, and prices have risen so much that people are becoming more frugal. Both Jensen and his partner still have some savings, but they're worried about running out and needing to ask for Nav assistance. They've been careful with their spending, using up savings month by month. When the cushion is gone, and rates stay high or rise, they'll have to ask Nav for help. They're trying to keep expenses down, but when the buffer runs out and rates stay high, they'll have to ask for help. Listhaug believes the government's spending also contributes to price increases. While she agrees with her party's call for large tax cuts, she acknowledges it's unlikely before 2029. The government has the support now to cut taxes on fuel, but they refused, citing uneven impacts on individuals and businesses. She also points out that the public spending of parties like Ap and Band is contributing to price pressure. This is something the government is clearly aware of.",
  "summary": "Høyere renter, matpriser og drivstoff presser økonomien til Vegard Jensen (35).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}