Norges Bank

Press release

Norges Bank will assess interest rate at Executive Board meeting on 15 October

The financial crisis has spread rapidly across national borders. The reduction in interest rates we are now witnessing has been coordinated by major central banks. It is reassuring that major countries are joining forces on measures that can ease the market situation. Norges Bank will assess the impact of these measures over a period.

Norges Bank holds its regular Executive Board meeting on 15 October, and the Board will assess the interest rate at this meeting – and not wait until the planned monetary policy meeting on 29 October.


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Published 8 October 2008 14:25