Norges Bank slashes rates to record low of 0.25%

Norges Bank HQ, Oslo
Esten Borgos

Norges Bank reduced rates to a new record low of 0.25% after an extraordinary meeting of the monetary and financial stability committees on March 19.

The committee lowered the policy rate by 75 basis points, and “does not rule out a further rate cut”. The decision comes barely a week after the extraordinary meeting the institution held on March 13. Back then, it cut rates by 50bp to 1%, and started offering three-month loans to banks to secure their access to liquidity.

“Since Norges Bank cut

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: