Central Bank RatesNorway policy rate in 2004 (2 changes)
Start of year2.25%
End of year1.75%Dec 31, 2004
Net change-50 bp0 hikes, 2 cuts
Average1.818%
Rank by level35 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Jan 29, 2004 | 2.25% | 2.00% | cut -25 bp |
| Mar 12, 2004 | 2.00% | 1.75% | cut -25 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
4.5%
4%
4.5%
4.5%
2.75%
0.5%
0%
1.5%
0.75%
0.5%
0.5%
0.75%
1.25%
1.5%
1.5%
1.75%
2%
1.75%
3%
5.25%
3.5%
2.25%
1.75%
2.25%
6.5%
6.5%
7%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.