Norges Bank meeting —

At its 22 January 2026 meeting, the Norges Bank held its policy rate at 4.00%.

Decision

hold — 4.00% to 4.00%

Key passages

Norges Bank’s Monetary and Financial Stability Committee decided to keep the policy rate unchanged at 4 percent.

Key decision: rates on hold.

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

Signals cuts ahead, conditional on outlook.

Meeting documents

Background reading

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