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Norway central bank keeps rates on hold, plans cut next year

Summary by Reuters
Norway's central bank kept its policy interest rate on hold at 4.0% on Thursday to combat inflation pressure, as unanimously predicted by analysts in a Reuters poll, and reiterated that further easing was likely in the year ahead.

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"The task of combating inflation is not completely completed and we are not ready to reduce interest rates," explained the bank’s Governor, Ida Wooden Bache. The Norwegian Central Bank noted that monetary policy has helped to recover the economy and amortise inflation in recent years, although this remains above the target. "The management considers that a restrictive monetary policy is still necessary, inflation is too high, if the rates are re…

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NRK broke the news in Norway on Thursday, November 6, 2025.
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