Norges Bank

The central bank of Norway's aim is price stability and financial stability, and to generate added value through investment management.

Policy rate decision Thursday at 10 am

The policy rate decision will be announced at 10 am on Thursday 18 December 2025. The press conference will start at 10.30 am.

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Exchanging withdrawn banknotes
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Norges Bank's tasks

Monetary policy

Monetary policy shall maintain monetary stability by keeping inflation low and stable.

Financial stability

Norges Bank shall help ensure that the financial system is robust and efficient.

Payment system

Norges Bank shall promote an efficient and secure payment system.

Investment management

Norges Bank manages the Government Pension Fund Global and the Bank's own foreign exchange reserves.

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Explainers

What is inflation?

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Why should inflation be low and stable?

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How does the policy rate affect other interest rates?

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About the Bank

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Climate change and the economy