Norges Bank has published a memo and accompanying letter submitted to the Norwegian Ministry of Finance as input to the Ministry’s planned evaluation of the provision that governs monetary policy. The submission covers Norges Bank’s experience with the current provision and discusses international experience and recent international research on monetary policy, including how frameworks have handled supply-side disturbances. The documents available on the bank’s website are “Input to the evaluation of the monetary policy provision” (Norges Bank Memo 4/2026) and the letter to the Ministry of Finance.
Norges Bank 2026-03-27
Norges Bank publishes memo and letter supporting Ministry of Finance review of the monetary policy provision
Norges Bank submitted a memo and letter to the Norwegian Ministry of Finance for its evaluation of the monetary policy provision. The submission includes Norges Bank's experience with the current provision and insights from international research on handling supply-side disturbances.