Norges Bank Rate Decision 5 November 2026
Norges Bank Rate Decision 5 November 2026: the release is due at 09:00 UTC. The last release came in at 4.5% against a forecast of 4.5%. Of the last 12 releases, 1 came in above the forecast and 1 below it.
These figures were verified on 30 Sep 2026 from the source: Norges Bank. This page reports the release as published: the figures and what a print like it usually does to the currency.
What a surprise 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.
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.
In line with the forecast: The krone may show little reaction to the rate itself, but can still move substantially if Norges Bank’s guidance differs from expectations.
