Norges Bank meeting —
At its 18 September 2025 meeting, the Norges Bank lowered its policy rate from 4.25% to 4.00%.
Decision
cut — 4.25% to 4.00%
Key passages
Norges Bank’s Monetary Policy and Financial Stability Committee decided to reduce the policy rate to 4 percent.
Incoming data since June indicate that there is a little less spare capacity in the economy, and that inflation may remain elevated for a little longer than projected in June. Therefore, we will probably not reduce the policy rate ahead as quickly as envisaged before summer.
Meeting documents
Background reading
Previous meeting · Next meeting · Open the full decision workspace
The Cadence Brief
The one number that moved central bank pricing — delivered each weekday morning.