Norway's News in English — www.newsinenglish.no | No interest rate hike yet by Nina AI generated summary, Read the full article for complete information. Norway’s central bank held its key policy rate steady at 4.25 % on June 18, 2026, despite rising inflation, opting against the quarter‑point hike many had expected. Governor Ida Wolden Bache warned that inflation remains above the 2 % target, driven by strong business‑cost growth, high wages, and lingering uncertainty from Middle‑East tensions that affect oil prices; she signaled that further rate increases may be needed later in the year. The decision also kept the overnight lending rate at 5.25 % and the reserve rate at 3.25 %, while the Norwegian krone weakened modestly against the dollar following the announcement. Economists had largely predicted the hold, noting that a rate rise could further pressure the currency and that the central bank is prioritising stability amid mixed economic signals. Read more: https://www.newsinenglish.no/2026/06/18/no-interest-rate-hike-yet/ #IdaBache #NorgesBank #business #economy #interestrates #IdaWoldenBache #KjerstiHaugland #MariusGonsholtHov