Norway · NOK
Norges Bank: next decision, current policy rate, consensus
As of 28 October 2026.
No Norges Bank policy rate decision date is inside the published calendar window yet; a date appears here as soon as the bank publishes its own schedule.
The policy rate is currently 4.5%, after a +25 bp move on 24 Sep 2026.
Norges Bank rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current policy rate | 4.5% Latest published reading, 24 Sep 2026 |
|---|---|
| Last change | +25 bp on 24 Sep 2026 |
| Next decision (UTC) | Scheduled |
| Consensus | Not published |
| Meeting frequency | ~8x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | Norges Bank |
The full policy rate history, decision by decision, is on the Norway policy rate page. Upcoming dates come from the published release calendar, which currently reaches 04 Nov 2026 17:14 UTC.
How Norges Bank sets policy
Norges Bank sets the policy rate eight times per year, with a 2% inflation target. Four of its meetings include a Monetary Policy Report with updated growth, inflation, and rate-path forecasts.
Common questions
When is the next Norges Bank rate decision?
The next Norges Bank policy rate decision is scheduled for Thu 05 Nov 2026 at UTC.
What is the current Norges Bank policy rate?
The Norges Bank policy rate is 4.5%, from the reading published on 24 Sep 2026. The last change was +25 bp on 24 Sep 2026.
How often does the Norges Bank meet?
The policy rate series is published ~8x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get Norges Bank decisions from the API?
Call GET /v1/announcements/nok/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/nok?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.