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Norway central bank cuts rates in surprise move

Norway's central bank cut its policy interest rate by 25 basis points to 4.25% today, its first reduction since 2020 and with more to come later this year, in a decision that took most analysts by surprise and weakened the currency.

Business • 19 Jun

Norges Bank kept interest rates on hold at a 17-year high of 4.5% today

Norway holds interest rate steady at 4.5%

Norway's central bank kept interest rates on hold at a 17-year high of 4.5% today, as unanimously predicted by analysts, reflecting a resurgence of inflation that has prevented policy-makers from cutting borrowing costs.

Business • 08 May

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, eyes March cut

Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.5% today, as expected, and said it now planned to cut rates three times in 2025, down from four cuts seen previously.

Business • 19 Dec 24

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 central bank keeps rate on hold, eyes 2025 cut

Norway's central bank has kept its policy interest rate unchanged at a 16-year high of 4.5%, as widely expected, and said any cuts must wait until the first quarter of next year.

Business • 19 Sep 24

Norges Bank in June held rates unchanged and pushed back its prediction for an initial rate cut to 2025 from September.

Norway set to keep interest rates on hold at 16 year high

Norway's central bank is expected to keep its policy interest rate on hold this week at a 16-year high of 4.50% to combat inflation and prevent a further slide in the country's currency, economists in a Reuters poll unanimously predicted today.

Business • 12 Aug 24

Norges Bank, Norway's Central Bank, has keep rates at 4.5% today

Norway keeps interest rates on hold

Norway's central bank kept its key policy interest rate on hold at 4.5% today, as unanimously expected by analysts, and said a tight monetary policy stance may be needed for somewhat longer than planned in order to curb inflation.

Business • 03 May 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

Norges Bank Governor Ida Wolden said that inflation in Norway is still 'too high'

Norway hikes interest rates in surprise decision

Norway's central bank has today raised its benchmark interest rate by 25 basis points to 4.5% in a surprise decision as it sought to combat persistent inflation, and said it would likely stay put at that level until late 2024.

Business • 14 Dec 23

Norges Bank Governor Ida Wolden Bache said the bank may raise rates in December

Norway keeps interest rates on hold, eyes December hike

Norway's central bank kept its benchmark interest rate unchanged at 4.25% today, as widely expected, and said it would likely raise the cost of borrowing next month unless inflation showed a continued decline.

Business • 02 Nov 23

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 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

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

Norges Bank's monetary policy committee raised the sight deposit rate to 1.75% from 1.25%

Norway central bank hikes rate by 50 basis points

Norway's central bank has raised its benchmark interest rate by 50 basis points (bps), as expected by most economists and said it will likely hike again in September after inflation soared well above forecast.

Business • 18 Aug 22

Norges Bank's monetary policy committee today raised the sight deposit rate to 1.25% from 0.75%

Norway's central bank in largest rate hike in 20 years

Norway's central bank raised its benchmark interest rate by 50 basis points today - its largest single hike since 2002 and twice as much as expected by most economists.

Business • 23 Jun 22

Norges Bank's monetary policy committee raised its deposit rate to 0.50% from 0.25% - its second hike in three months

Norway hikes interest rates, with more expected

Norway's central bank raised its benchmark interest rate today as widely expected, and said more hikes were likely next year.

Business • 16 Dec 21

Norges Bank