The decision is effective from the monetary policy meeting on 21 June 2017. The Executive Board has also decided to increase the number of monetary policy meetings from six to eight per year, beginning in 2018.

"With more frequent monetary policy meetings and the publication of the minutes, including voting records of the Executive Board, the Bank is seeking to increase monetary policy transparency," says Governor Øystein Olsen.

Norges Bank will continue to publish Monetary Policy Report with financial stability assessment in connection with the monetary policy meetings in March, June, September and December. Following these meetings, a press conference will be held in line with current practice.

Following the interim monetary policy meetings, the interest rate decision will be announced by publishing the Executive Board's assessment, including the content of the minutes of the monetary policy meeting, on Norges Bank's website. This change will become effective from the monetary policy meeting on 25 October 2017.