2026-06-18
Added · Updated
Norges Bank’s Monetary Policy and Financial Stability Committee decided to maintain the policy rate at 4.25 percent on 17 June 2026 due to persistent inflation pressures. The Committee anticipates that a further rate increase will likely be necessary at an upcoming meeting to bring inflation back to the 2 percent target within a reasonable timeframe. While current economic indicators show capacity utilization drifting down, the central bank warns that high business costs and sticky inflation expectations necessitate a restrictive monetary policy stance.