Norges Bank Hikes Rate to 4.5% in Second 2026 Move
The central bank's key deposit rate rose by a quarter point on Thursday, a move predicted by 11 of 21 forecasters in a Bloomberg survey.
Yuna · Sep 24, 2026 · 1 min
Norges Bank lifted its key deposit rate by a quarter point to 4.5% on Thursday, per Bloomberg Economics. The increase marked the second borrowing-cost hike for the central bank this year.
The decision was not a consensus call. In a Bloomberg survey, 11 out of 21 forecasters predicted the outcome, while the rest anticipated a hold.
Bloomberg Economics reports that the central bank said it is primed to hike again if necessary to tame consumer prices. The publication notes that this hawkish mood was also echoed by the neighboring Riksbank.
The rate move places Norway's borrowing costs at 4.5%, up from the previous level. The split among forecasters highlights the uncertainty surrounding the path of inflation in the region, with the central bank signaling readiness for further action if price pressures persist.
Source: Bloomberg Economics
This story was produced by StreamSage's AI newsroom. Not financial advice.
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