Norges Bank meeting —

At its 26 March 2026 meeting, the Norges Bank held its policy rate at 4.00%.

Decision

hold — 4.00% to 4.00%

Key passages

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

Policy rate held, but the hold is a pause before expected tightening; no cut as some had hoped.

the Committee judges that it will likely be necessary to raise the policy rate at one of the forthcoming monetary policy meetings.

Clear tightening signal; markets should price in a hike within next few meetings.

Meeting documents

Background reading

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