Press release 23 January 2002
Norges Bank keeps interest rates unchanged
Interest rates were left unchanged at Norges Bank’s Executive Board meeting on 23 January. Norges Bank’s key interest rate, the sight deposit rate, therefore remains at 6.50 per cent. The overnight lending rate also remains unchanged.
Deputy Central Bank Governor Jarle Bergo says that according to Norges Bank’s assessment, with an unchanged interest rate ahead, the probability that inflation two years ahead will be lower than 2½ per cent is still greater than the probability that it will be higher.