In Monetary Policy Report 1/19, which was published on 21 March 2019, the Executive Board's assessment was that capacity utilisation in the Norwegian economy was slightly above a normal level. Underlying inflation was a little higher than the 2 percent inflation target. The policy rate was raised by 0.25 percentage point to 1.0 percent in March. The Executive Board's assessment of the outlook and balance of risks suggested that the policy rate would most likely be raised in the course of the next half-year. The outlook and balance of risks continues to imply a gradual increase in the policy rate. The uncertainty ... (full story)