Forex Fundamentals
Norges Bank Rate Decision

Norges Bank Rate Decision 3 November 2022

Norges Bank Rate Decision 3 November 2022: 2.5%, below the 2.75% forecast and up from 2.25% in September 2022. It is the highest of the last 12 releases. 1 of the last 12 releases came in below the forecast. It was released on Thu 3 Nov 2022 at 09:00 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.

Actual
2.5%
Forecast
2.75%
The market consensus
Previous
2.25%
As the source gives it

What a print like this usually does

Below the forecast: A rate cut, or a hold with unexpectedly dovish guidance, usually weakens the krone by pulling down expected returns on NOK assets. The move can be sharp if the decision was unexpected.

Norges Bank Rate Decision 3 November 2022: 2.5% against a 2.75% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Norges Bank Rate Decision 3 November 2022: 2.5% vs 2.75% forecast (Norges Bank). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/norges-bank/2022-11-03

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 Nov 2022—2.5%2.75%2.25%
22 Sep 2022—2.25%2.25%1.75%
18 Aug 2022—1.75%1.75%1.25%
23 Jun 2022—1.25%1%0.75%
5 May 2022—0.75%0.75%0.75%
24 Mar 2022—0.75%0.75%0.5%
20 Jan 2022—0.5%0.5%0.5%
16 Dec 2021—0.5%0.5%0.25%
4 Nov 2021—0.25%0.25%0.25%
23 Sep 2021—0.25%0.25%0%
19 Aug 2021—0%0%0%
17 Jun 2021—0%0%0%
The release before:Norges Bank Rate Decision 22 September 2022The release after:Norges Bank Rate Decision 15 December 2022Norges Bank Rate Decision: every recent resultThis week’s economic calendar