Norges Bank meeting —

At its 18 December 2025 meeting, the Norges Bank held its policy rate at 4.00%. The decision passed unanimous.

Decision

hold — 4.00% to 4.00%

Vote: unanimous

Key passages

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

No change, as widely expected; rates remain at 4%.

If the economy evolves broadly as currently envisaged, the policy rate will be reduced further in the course of the coming year.

Signals that further cuts are planned over the next year, conditional on outlook.

Meeting documents

Background reading

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