Tag Archives: Ida Wolden Bache

Norges Bank Cuts Policy Rate to 4.25 Percent and Outlines Path for Further Reductions in 2025

(IN BRIEF) On 18 June 2025, Norges Bank’s Monetary Policy and Financial Stability Committee reduced the policy rate from 4.50 percent to 4.25 percent in a unanimous decision, marking the beginning of a cautious normalization after a tightening cycle that … Read the full press release

Norges Bank Administration Welcomes Therese Steen as New Executive Director

(IN BRIEF) Norges Bank, Norway’s central bank, has appointed Therese Steen as the new Executive Director of Norges Bank Administration (NBA). Currently serving as the Director General of the Department of Administrative and Constitutional Affairs in the Office of the … Read the full press release