Norges Bank

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Policy rate kept on hold

Introductory statement by Governor Ida Wolden Bache at the press conference following the announcement of the policy rate on 20 June 2024.

Speech
20 June 2024 10:30

Policy rate kept unchanged at 4.5 percent

Norges Bank's Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.5 percent at its meeting on 19 June. Based on the Committee's current assessment of the outlook and balance of risks, the policy rate will likely be kept at that level for some time ahead.

Press release
20 June 2024 10:00

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