Banks / Norway

Norges Bank: decision history

Policy rate: policy rate

Every observed decision and the rate series. The facts below are computed from observed decisions only, never from the calendar.

13days since the last change (24 Sept 2026)
0consecutive holds
14observed decisions since 23 Jan 2025

Past moves by size

Observed decisions

DateDecisionBeforeAfterChangeStatement
raise4.25%↑4.50%+25 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.25%=4.25%0 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.25%=4.25%0 bpnorges-bank.no/en/news-events/news/Press-rel…
raise4.00%↑4.25%+25 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.00%=4.00%0 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.00%=4.00%0 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.00%=4.00%0 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.00%=4.00%0 bpnorges-bank.no/en/news-events/news/Press-rel…
cut4.25%↓4.00%−25 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.25%=4.25%0 bpnorges-bank.no/en/news-events/news/Press-rel…
cut4.50%↓4.25%−25 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.50%=4.50%0 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.50%=4.50%0 bpnorges-bank.no/en/news-events/news/Press-rel…
hold4.50%=4.50%0 bpnorges-bank.no/en/news-events/news/Press-rel…

Rate series

4.50%4.00%15 Dec 20237 Oct 2026