{
  "id": 9527997,
  "title": "Norway’s central bank raises interest rate, may hike again",
  "url": "https://urgent.news/2026/09/24/norways-central-bank-raises-interest-rate-may-hike-again",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T09:14:05.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/24/norway-s-central-bank-raises-interest-rate-may-hike-again"
  },
  "original_language": "en",
  "account": "On Thursday, Norway's central bank, Norges Bank, increased its policy interest rate by 25 basis points to 4.50%, aiming to curb inflation, a move that analysts had anticipated. The bank's governor, Ida Wolden Bache, affirmed that the central bank may raise the rate again if necessary to achieve the 2% inflation target within a reasonable timeframe.\n\nFollowing the announcement, the Norwegian crown appreciated against the euro, rising to 10.76 from 10.79 prior to the news. In May, Norges Bank also raised rates by 25 basis points, ahead of the majority of analysts' expectations. However, in August, the bank suggested future monetary policy adjustments would depend on economic circumstances, raising questions about the path ahead.\n\nOut of 28 economists surveyed on September 17-21, 16 anticipated a 25 basis-point hike to 4.50% during the meeting, while 12 believed no change would occur. Seven economists predicted a rate increase to 4.50% in the fourth quarter, but the majority of economists forecast 4.50% as the upper limit for borrowing costs.\n\nDuring the summer, core inflation in Norway reached 3.0% year-on-year, slightly below the bank's forecast of 3.3% for the year but still exceeding the central bank's target. Though underlying inflation eased over the summer, it remained higher than anticipated. Bache stated that while the outlook for inflation in the near future hasn't materially changed, the central bank may need to maintain higher interest rates for a while to achieve its inflation goal.",
  "summary": "Norges Bank raised its policy interest rate by 25 basis points to 4.50% to contain inflation, as expected by a narrow majority of analysts.",
  "key_points": [
    "Norway's central bank raises interest rate to 4.50% from 4.25%",
    "Bank's governor Ida Wolden Bache says rate may increase again",
    "Norwegian crown appreciates against euro after announcement"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Norway’s central bank raises policy rate to 4.50%",
        "url": "https://urgent.news/2026/09/24/norways-central-bank-raises-policy-rate-to-4-50",
        "published": "2026-09-24T08:12:58.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Norway’s central bank raises interest rate, may hike again",
        "url": "https://urgent.news/2026/09/24/norways-central-bank-raises-interest-rate-may-hike-again-9532892",
        "published": "2026-09-24T09:14:05.000Z"
      }
    ]
  },
  "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."
}