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Ida Wolden Bache, the Governor of Norway's central bank

Norway central bank keeps rate on hold in policy reversal

Norway's central bank kept interest rates on hold at a 17-year high of 4.5% today, in line with most forecasts, as an unexpected resurgence of inflation led policymakers to postpone their previously stated plan for a cut.

Business • 27 Mar

Norway's central bank keeps rate on hold again

Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.5% today, as unanimously expected by analysts in a Reuters poll and reiterated that it will stay on hold until the end of the year.

Business • 07 Nov 24

Norway's central bank kept its key policy interest rate on hold at a 16-year high of 4.5% today

Norway keeps rates on hold, postpones cut until 2025

Norway's central bank held its policy interest rate at a 16-year high of 4.5% today, as unanimously expected by analysts, and postponed the prospect of a rate cut until 2025 from a previous plan to reduce borrowing costs in September this year.

Business • 20 Jun 24

Norway keeps interest rates on hold - as expected

Norway's central bank kept its benchmark interest rate unchanged at 4.5% today, as unanimously expected by analysts, and said the cost of borrowing would likely stay at that level for some time ahead.

Business • 25 Jan 24

Norway central bank raises rate, one more hike 'likely'

Norway's central bank has raised its key interest rate today, its 13th increase in two years, and warned that one more hike is "likely" in December as inflation remains too high.

Business • 21 Sep 23

Norway's central bank raises rate to 4%

Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 4% today to curb inflation, as widely expected, and said it would likely hike again in September.

Business • 17 Aug 23

Norway central bank raises rate to 3% - as expected

Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 3% today to rein in inflation and said it would likely raise it again in May and also after that to hit 3.5% this summer.

Business • 23 Mar 23

Norway's central bank keeps rate unchanged

Norway's central kept its key policy rate unchanged at 2.75% today, as expected by a majority of economists surveyed by Reuters, and said it aimed for a hike in March.

Business • 19 Jan 23

Norges Bank Governor Ida Wolden Bache says more hikes are on the way

Norway's central bank hikes rates by 0.25%

Norway's central bank raised its benchmark interest rate by 25 basis points to 2.75% today, as expected by economists surveyed by Reuters, and said it will likely hike again as inflation remains above its targets.

Business • 15 Dec 22

Norway's central bank makes smaller rate hike

Norway's central bank raised its benchmark interest rate by 25 basis points to 2.5% today, in line with its own projections but less than economists in a Reuters poll had forecast, leading the crown currency to weaken.

Business • 03 Nov 22

Ida Wolden Bache