Danmarks Nationalbank meeting —

At its 30 January 2025 meeting, the Danmarks Nationalbank lowered its policy rate from 2.75% to 2.50%.

Decision

cut — 2.75% to 2.50%

Key passages

Danmarks Nationalbank lowers the current-account rate, the rate of interest on certificates of deposit, the lending rate and the discount rate by 0.25 percentage point with effect from 31 January 2025.

Rate cut confirms loosening, following ECB's move.

The interest rate reduction is a consequence of the reduction by the European Central Bank of its main monetary policy rate, the deposit facility rate, by 0.25 percentage point. Thereby, the monetary policy spread vis-á-vis the euro area will remain unchanged.

Policy is fully tied to ECB; no independent stance signaled.

Meeting documents

Background reading

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