Norges Bank meeting —

At its 7 May 2026 meeting, the Norges Bank raised its policy rate from 4.00% to 4.25%.

Decision

hike — 4.00% to 4.25%

Key passages

The Monetary and Financial Stability Committee has decided to raise the policy rate by 0.25 percentage point to 4.25 percent.

Rate hike confirms tightening cycle continues.

The policy rate forecast presented in March indicated an increase in the policy rate to between 4¼ percent and 4½ percent by the end of the year. The policy rate path thus implied the potential need for further tightening of monetary policy later this year.

Signals further hikes ahead within the range.

Meeting documents

Background reading

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