2026-08-13
Added
Norges Bank’s Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.25% at its meeting on 12 August. This decision was made despite inflation slowing and being lower than projected, as inflation remains too high, and it is considered too early to conclude that the inflation outlook has materially changed. The Committee maintains that a restrictive monetary policy stance is still necessary to bring inflation down to target, noting that it may still become necessary to raise the policy rate in the future. New forecasts were not prepared for this meeting and will be presented at the monetary policy meeting in September.
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