Norges Bank's Bache says sometimes "we need to hike rates to ensure low inflation"; not only looking at inflation, focus is also on employment

Norges Bank's Bache's comments suggest a hawkish tilt, implying that rate hikes may be necessary to maintain low inflation, even as they acknowledge the importance of employment. The uncertainty highlighted indicates that policymakers are weighing multiple factors, which could influence market expectations about future rate paths. Keep an eye on how this rhetoric may affect NOK and cross-asset sentiment, particularly as we gauge reactions from other central banks.