Norges Bank statement on interest rate cut

Statement from Norges Bank, the central bank of Norway, on its decision to reduce the sight deposit rate, by 0.5 percentage point to 2.50 per cent, with effect from 18 September.

Source: Norges Bank

Norges Bank decided to reduce the interest rate on banks' deposits with Norges Bank, the sight deposit rate, by 0.5 percentage point to 2.50 per cent, with effect from 18 September. The interest rate on banks' overnight loans will also be reduced by 0.5 percentage point.

Central Bank Governor Svein G