Norges Bank, Riksbank, and the SNB announce their monetary policy decisions on the same Thursday, September 24, 2026, between 9:30 and 10:30 Central European Time. Three central banks, three mandates, three inflation trajectories: this tightly packed calendar offers a rare comparison point for the EUR/NOK, EUR/SEK, and EUR/CHF cross pairs, though the outcome of these meetings cannot be assumed before the announcements.
The precise agenda for Thursday, September 24
The Riksbank opens the sequence at 9:30 (Central European Time) with the publication of its policy rate decision and its September Monetary Policy Report, followed by a press conference at 10:30. The Swiss National Bank publishes its statement at 9:30 as well, with a press briefing set for 10:00. Norges Bank, in Norway, announces its decision at 10:00, accompanied by Monetary Policy Report 3/26, ahead of a press conference at 10:30. These three appointments fall within the same morning as the eurozone flash PMI, published the day before: the composite index reached 53.1 in September 2026, up from 52.0 in August, its highest level in 41 months, according to the S&P Global press release. This regional pickup in eurozone activity forms the backdrop against which the Norwegian, Swedish, and Swiss decisions unfold, without dictating their outcome.
Norges Bank, Riksbank, SNB: Norwegian inflation slows but is still viewed as too high
Norway’s policy rate held steady at 4.25% at the August 12, 2026 meeting. Norges Bank confirmed this in its press release: the Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.25% at its meeting on August 12, as inflation had slowed and come in below forecasts over the summer (press release of August 13, 2026). Governor Ida Wolden Bache nonetheless qualified this slowdown: this slowdown in inflation is good news, but inflation is still too high, and it is still too early to conclude that the inflation outlook has changed materially; it may therefore still become necessary to raise the policy rate, in her own words as reported in that same release. The September 24 decision, accompanied by Monetary Policy Report 3/26, will clarify whether that upside risk has been confirmed or eased since August.
Riksbank and SNB, Norges Bank in contrast: two opposite trajectories
Sweden’s Riksbank publishes its decision and Monetary Policy Report at 9:30 on September 24, 2026, with a press conference at 10:30, as indicated by the Riksbank’s official calendar. Meanwhile, the Swiss National Bank has held its policy rate at 0.00% since June 20, 2025, a level confirmed at several successive meetings. For the upcoming September 24 assessment, economists do not expect a move in September, with the market not pricing in the first hike until 2027, according to analysis published on Kagels Trading, which also details the timing: the statement is released at 9:30, with the media briefing starting at 10:00. Comparing these two trajectories, a Riksbank whose room for maneuver remains to be clarified and an SNB durably anchored at zero, highlights opposite dynamics within Europe outside the eurozone.
What this calendar means for cross pairs
Three decisions published within less than an hour, on currencies less closely watched than the euro or the dollar, concentrate potential volatility on EUR/NOK, EUR/SEK, and EUR/CHF at the same moment. No market outcome can be predicted with certainty: only the facts above, namely current rate levels, official timing, and published statements, are established before the announcements open. A trader following several Nordic and Swiss pairs the same morning must deal with near-simultaneous announcements rather than staggered ones, which changes risk management compared to a week where decisions would be spread out over several days.
- 9:30 (Central European Time): Riksbank decision and Swedish Monetary Policy Report.
- 9:30 (Central European Time): Swiss National Bank statement.
- 10:00 (Central European Time): Norges Bank decision and Monetary Policy Report 3/26.
- 10:00: SNB press conference.
- 10:30: Riksbank and Norges Bank press conferences.
To place this morning within the broader macroeconomic agenda for September 23 and 24, our journal covering the flash PMI and central banks details the other releases expected during this period. Traders following these events on a funded account can also check how a CFD leverage cap frames the initial margin required on these pairs ahead of such announcements.
What this article does not settle
This summary does not predict the direction or magnitude of any exchange rate movement following the three announcements. It also does not document the internal mechanics of Nordic currency derivatives markets, nor the positions held by institutional investors before the release. Only the facts verifiable at the source, current rates, official timing, and published statements, are reflected here.