Key Interest Rate Remains at 8%
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5 Articles
Inflation in Iceland is above the central bank's target.
The Monetary Policy Committee of the Central Bank of Iceland has decided to keep the bank's policy interest rate unchanged.
The Monetary Policy Committee of the Central Bank of Iceland has decided to keep the policy rate unchanged at 8%. The committee was unanimous in its decision, but inflation was measured at 5.9% in September. The announcement states that since the committee's last decision, inflation has increased by 0.6 percentage points, which can be attributed largely to the increase in fuel prices. Fuel prices have risen on the world market due to the conflic…
Stýrivextir Seðlabankan's haldast óförðurðir eftir að hafa ryyyed knáður trå stéryvaxtaákvörðunardaga fyrir dagðin í dag.Peningaestnunefnd Seðlabankan's decided that styrvextirnir will remain at 8.00 percent. The council was unanimous in its decision. Mikil's decision was made quickly in the next year's notice. "Increase in inflation rates has primarily depended on the impact of the war in the Middle East and the increase in public spending. How…
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