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Norges Bank

Central banks

Policy rate
4.50%
3M 6M 1Y 5Y 10Y ALL
History
FirstLast
Policy rate %4.254.50
History % Policy rate: 4.25 to 4.50 % Aug 12, 26 Nov 12, 26

Norges Bank rate steady at 4.5% since September

In plain words

Norges Bank's main interest rate is 4.5 percent. It was raised by a quarter point on September 25, 2026, and people watch it because it affects borrowing costs across Norway.

Where it sits

Policy rate Low 4.00Now 4.50High 4.50

One-year low to high. Drawn from the data, not by AI.

There is more in this note

What it means if this rises or falls, cause and effect, how it works, the words to know and what to watch next.

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Written by AI from the numbers on this page. Not advice.

Policy rate

Policy rate 4.50% -
Last changed 2026-09-25 -
Last change 25bps -
3-month change 25bps -
6-month change 25bps -
12-month change 50bps -

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The policy rate

Where is the Norges Bank policy rate, and how has it changed?

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