Norges Bank Rate Decision 23 June 2022
Norges Bank Rate Decision 23 June 2022: 1.25%, above the 1% forecast and up from 0.75% in May 2022. It is the highest of the last 12 releases. 1 of the last 12 releases came in above the forecast. It was released on Thu 23 Jun 2022 at 08:00 UTC.
These figures were verified on 4 Oct 2026 from the source: Norges Bank. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.
What a print like this usually does
Above the forecast: A rate increase, or a hold with unexpectedly firm guidance, usually strengthens the krone as markets price a higher path for rates. The response can be strong if it surprises traders.

Cite this release
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Norges Bank Rate Decision 23 June 2022: 1.25% vs 1% forecast (Norges Bank). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/norges-bank/2022-06-23