{
  "data": {
    "id": "norges-bank-2026-01-22",
    "bank": "norges-bank",
    "bankName": "Norges Bank",
    "country": "NO",
    "date": "2026-01-22",
    "announceAt": "2026-01-22T09:00:00Z",
    "timezone": "Europe/Oslo",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 4,
    "step": 0.25,
    "calendarSource": "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-01-22-rate/",
    "citation": "Press release of 2026-01-22 (URL from the English sitemap); its article:published_time is 10:00 Oslo time (CET, UTC+1). The Committee met the day before; the decision is announced on this date. The calendar no longer lists past decisions.",
    "settleSource": {
      "role": "decision-statement",
      "pattern": "https://www.norges-bank.no/en/news-events/news/Press-releases/<YYYY>/<YYYY-MM-DD>-rate/",
      "foundAt": "https://www.norges-bank.no/sitemaps/norges-bank/en/content.xml",
      "example": "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-09-24-rate/",
      "resolvable": true,
      "reads": {
        "right": 6,
        "wrong": 0,
        "void": 0
      }
    },
    "observed": {
      "at": "2026-01-22T09:00:00Z",
      "rateBefore": 4,
      "rateAfter": 4,
      "direction": "hold",
      "statement": "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-01-22-rate/",
      "observed": true
    },
    "page": "https://macroindex.org/bank/norges-bank/decision/2026-01-22",
    "account": {
      "summary": "Norges Bank's Monetary and Financial Stability Committee unanimously kept the policy rate unchanged at 4%.",
      "vote": "unanimous",
      "reasons": [
        "The Committee said inflation had fallen markedly but was still above the 2% target, with inflation excluding energy prices close to 3% since autumn 2024.",
        "It judged that a restrictive monetary policy was still needed, because lowering the rate too quickly could leave inflation above target for too long.",
        "It said geopolitical tension was causing uncertainty, but that the interest rate outlook had not changed materially since December."
      ],
      "guidance": "The Committee said that if the economy evolves broadly as currently envisaged, the policy rate will be reduced further in the course of the year.",
      "quote": "The Committee judges that a restrictive monetary policy is still needed.",
      "links": [
        {
          "label": "Monetary policy meeting page",
          "url": "https://www.norges-bank.no/en/topics/monetary-policy/Monetary-policy-meetings/2026/january-2026/"
        }
      ],
      "readFrom": [
        "https://www.norges-bank.no/en/news-events/news/Press-releases/2026/2026-01-22-rate/",
        "https://www.norges-bank.no/en/topics/monetary-policy/Monetary-policy-meetings/2026/january-2026/"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T20:36:37.508Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
    "docs": "https://macroindex.org/openapi.json"
  }
}