Forex Fundamentals
Norges Bank Rate Decision

Norges Bank Rate Decision 22 June 2023

Norges Bank Rate Decision 22 June 2023: 3.75%, above the 3.5% forecast and up from 3.25% in May 2023. It is the highest of the last 12 releases. 2 of the last 12 releases came in above the forecast. It was released on Thu 22 Jun 2023 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.

Actual
3.75%
Forecast
3.5%
The market consensus
Previous
3.25%
As the source gives it

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.

Norges Bank Rate Decision 22 June 2023: 3.75% against a 3.5% 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 22 June 2023: 3.75% vs 3.5% forecast (Norges Bank). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/norges-bank/2023-06-22

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
22 Jun 2023—3.75%3.5%3.25%
4 May 2023—3.25%3.25%3%
23 Mar 2023—3%3%2.75%
19 Jan 2023—2.75%2.75%2.75%
15 Dec 2022—2.75%2.75%2.5%
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%
The release before:Norges Bank Rate Decision 4 May 2023The release after:Norges Bank Rate Decision 17 August 2023Norges Bank Rate Decision: every recent resultThis week’s economic calendar