Norges Bank meeting —

At its 6 November 2025 meeting, the Norges Bank held its policy rate at 4.00%.

Decision

hold — 4.00% to 4.00%

Key passages

The Monetary Policy and Financial Stability Committee has decided to keep the policy rate unchanged at 4 percent.

Rate hold as expected, no surprise.

The forecast we presented was consistent with one rate cut per year in the coming three years.

Very gradual easing path, implying only one cut per year.

Meeting documents

Background reading

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