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A New Economic Cycle Is Beginning
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A new economic cycle is beginning, but inflation will remain persistent, according to the chief economist of Íslandsbanki, who has published a new macroeconomic forecast for the next two years. "It looks like economic growth will be moderate. More moderate than it has usually been during upswings in Iceland. That's actually because we don't have the room to grow quickly. There are still old signs of expansion in the economy," says Jón Bjarki Ben…
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