Norges Bank Key Policy Rate (Jan): 0.50% vs. Exp. 0.50% (Prev. 0.50%)

Based on the Committee’s current assessment of the outlook and balance of risks, the policy rate will most likely be raised in March
Underlying inflation has risen more than expected and is now close to the inflation target.
Higher interest rates will also help counter a build-up of financial imbalances.
The Committee is also concerned with the risk of a potential rise in domestic price and wage inflation due to capacity constraints and persistent global price pressures.