{
  "id": 18279798,
  "title": "Norges Bank holder styringsrenten uendret",
  "url": "https://urgent.news/2026/11/05/norges-bank-holder-styringsrenten-uendret",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T09:00:04.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/norsk-oekonomi/i/8GrA4G/norges-bank-holder-styringsrenten-uendret"
  },
  "original_language": "en",
  "account": "Norges Bank has decided to keep the steering rate unchanged, a decision that was widely anticipated by economists. The central bank had increased the rate to 4.5 percent in September, primarily due to concerns over rising inflation. Inflation has been a major worry for Norges Bank, as it has been persistently high for several years. The bank's target for inflation is around two percent, and it has also been instructed to keep unemployment low and stable. Currently, unemployment stands at 2 percent, which is considered low. The bank believes that inflation remains too high and may need to keep the rate high for some time to come. Norges Bank's governor, Ida Wolden Bache, stated in a press release that the bank is prepared to raise the rate if necessary to bring inflation back down to the target. The bank's next meeting will not come until December, as it is a so-called mid-term meeting and does not provide new forecasts. A representative from Handelsbanken, Marius Gonsholt Hov, indicated that the bank is still open to raising rates. While the risk of a new rate hike has diminished, the bank is ready to act if necessary. The bank aims to keep the economy at a level that will allow inflation to subside. Mortgage rates are affected by the steering rate, as higher rates mean people have to pay more for their home loans, leaving them less money to spend on other goods and services. This can contribute to a decrease in inflation. Recently, Norges Bank raised rates twice due to soaring energy prices following the war in Iran. These high energy prices have strengthened the krona, making imported goods more expensive. The bank attributes the strong krona to the rise in energy prices.",
  "summary": "Men prisveksten ligger fortsatt over målet.",
  "key_points": [],
  "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."
}