Norges Bank: Key Rate 0.75% (exp. 0.75%, prev. 0.50%); Sticks with June MPR for next move; "the policy rate forecast is higher than in the December Report and indicates a rise in the policy rate to around 2.50% (prev. 1.75%) at the end of 2023"

"Based on the Committee’s current assessment of the outlook and balance of risks, the policy rate will most likely be raised further in June", says Governor Ida Wolden Bache.
Repo Path: Mar’22 0.53% (prev. 0.51%), Jun’22 0.78% (prev. 0.70%), Sep’22 2.10% (prev. 0.92%), Dec’22 1.32% (prev. 1.11%). end-2023 2.35% (prev. 1.62%). Terminal 2.52% (prev. 1.75%)
Activity in the Norwegian economy has continued to rise after containment measures were lifted in winter. Employment has increased further, and capacity utilisation appears to be above a normal level.
The war in Ukraine has led to heightened uncertainty about the economic outlook, but there are still prospects for a continued upswing in the Norwegian economy.
Price and wage inflation has been higher than projected, and wage expectations have risen. Rising wage growth and imported goods inflation are expected to push up underlying inflation ahead