{
  "data": {
    "id": "norges-bank-2026-05-07",
    "bank": "norges-bank",
    "bankName": "Norges Bank",
    "country": "NO",
    "date": "2026-05-07",
    "announceAt": "2026-05-07T08:00:00Z",
    "timezone": "Europe/Oslo",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 4,
    "step": 0.25,
    "calendarSource": "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-05-07-rate/",
    "citation": "Press release of 2026-05-07 (URL from the English sitemap); its article:published_time is 10:00 Oslo time (CEST, UTC+2). The Committee met the day before; the decision is announced on this date. The calendar no longer lists past decisions.",
    "settleSource": {
      "role": "decision-statement",
      "pattern": "https://www.norges-bank.no/en/news-events/news/Press-releases/<YYYY>/<YYYY-MM-DD>-rate/",
      "foundAt": "https://www.norges-bank.no/sitemaps/norges-bank/en/content.xml",
      "example": "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-09-24-rate/",
      "resolvable": true,
      "reads": {
        "right": 6,
        "wrong": 0,
        "void": 0
      }
    },
    "observed": {
      "at": "2026-05-07T08:00:00Z",
      "rateBefore": 4,
      "rateAfter": 4.25,
      "direction": "raise",
      "statement": "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-05-07-rate/",
      "observed": true
    },
    "page": "https://macroindex.org/bank/norges-bank/decision/2026-05-07",
    "account": {
      "summary": "Norges Bank's Monetary Policy and Financial Stability Committee unanimously raised the policy rate by 0.25 percentage point to 4.25%.",
      "vote": "unanimous",
      "reasons": [
        "The Committee said inflation was too high and had been above target for several years, with CPI inflation at 3.6% and CPI-ATE at 3% in March.",
        "It said external price pressures appeared slightly stronger than expected in March, while the wage norm was close to its projection and the krone was stronger than assumed.",
        "It judged that the outlook had not changed materially since March and that a higher policy rate was needed to return inflation to target within a reasonable time."
      ],
      "guidance": "The Committee said the policy rate path may differ from its March forecast, which indicated 4¼% to 4½% by year-end, if the economy takes a different path than envisaged.",
      "quote": "The Committee judges that a higher policy rate is needed to return inflation to target within a reasonable time horizon.",
      "links": [
        {
          "label": "Summary of deliberations and press conference",
          "url": "https://www.norges-bank.no/en/topics/monetary-policy/Monetary-policy-meetings/2026/may-2026/"
        }
      ],
      "readFrom": [
        "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-05-07-rate/",
        "https://www.norges-bank.no/en/topics/monetary-policy/Monetary-policy-meetings/2026/may-2026/"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T20:36:41.513Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
    "docs": "https://macroindex.org/openapi.json"
  }
}