Press release 10 April 2002

Norges Bank keeps interest rates unchanged

Interest rates were left unchanged at Norges Bank’s Executive Board meeting on 10 April. 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 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 higher than 2½ per cent is the same as the probability that it will be lower.

 


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Last updated 10.04.2002