{
  "id": 11958848,
  "title": "Har ikke nådd målet på flere år: – Det tror jeg Norges Bank kjenner veldig på",
  "url": "https://urgent.news/2026/10/04/har-ikke-nadd-malet-pa-flere-ar-det-tror-jeg-norges-bank-kjenner",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-04T16:01:23.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/norsk-oekonomi/i/gd7znk/har-ikke-naadd-maalet-paa-flere-aar-det-tror-jeg-norges-bank-kjenner-veldig-paa"
  },
  "original_language": "en",
  "account": "Norges Bank has struggled to achieve its target of reducing price growth to 2 percent for several years, as explained by Sara Midtgaard, a senior macro- and rate strategist at Nordea Markets. The central bank raised interest rates by 0.25 percentage points at their last meeting, sending the policy rate up to 4.5 percent. Norges Bank uses interest rates as a tool to curb price growth, making loans for individuals and businesses more expensive and reducing the amount of money circulating in the economy.\n\nMidtgaard expressed openness to another interest rate hike from Norges Bank, although the first forecast suggests it won't happen. They anticipate the rate will remain around 4.5 percent. However, if inflation data in September surprises on the upside, the central bank may consider another hike. In their latest report, Norges Bank is prepared to raise rates again if inflation outlooks start to exceed expectations. If inflation data in September aligns more closely with Norges Bank's forecast, it will likely remain stable.\n\nThe central bank has faced challenges in combating inflation, as trade partners have experienced 2 percent inflation in recent periods. Inflation among trade partners is also beginning to rise. Midtgaard notes that interest rate hikes may not have been as effective as hoped by the central bank. She believes Norges Bank will tighten monetary policy even further to ensure inflation reaches 2 percent in a reasonable timeframe, as they haven't achieved this goal for years.\n\nThe core inflation measure, which excludes energy prices and tax changes, has not reached the 2 percent target set by the central bank since 2022. Norges Bank expects core inflation to be 3 percent in September and 3.5 percent overall. They project core inflation to drop to 2.7 percent by the end of the year. Nordea Markets expects higher inflation than the central bank and projects a core inflation rate of 3.2 percent.\n\nNorges Bank does not expect to raise rates in November, with the likelihood of a hike occurring in the first quarter of the next year. By then, they will have gathered significant information about exchange rates, interest rates abroad, raw material prices, and inflation figures. Next week, property prices will be released by Eiendom Norge on Monday, and Midtgaard expects a slightly larger decline than usual this time.",
  "summary": "Hvis prisveksten fortsetter oppover, kan vi får nok en rentehving neste år, tror økonom.",
  "key_points": [
    "Norges Bank has struggled to achieve 2% price growth target for years",
    "Central bank raised interest rates to 4.5% at last meeting",
    "Norges Bank may raise rates again if inflation exceeds expectations"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}