The Progress Party is attacking the Labor Party over broken promises regarding interest rates and economic management. During the election campaign, the Labor Party pledged “rate cuts for all” and “sound economic governance,” but interest rates remain high. Despite holding steady today, Norway’s interest rate stands at 4.25 percent, significantly higher than neighboring countries, with potential for further increases signaled by the central bank. The Progress Party highlights that fuel taxes will rise on September 1st, eliminating tax cuts that previously mitigated price increases. Party spokesperson Hans Andreas Limi argues it is irresponsible for the government to promise rate cuts given the central bank’s independence. He also points to criticism of the central bank from the Red Party, Socialist Left, and the Norwegian Confederation of Trade Unions, indicating widespread belief in the Labor Party’s initial pledges.