Central Bank Raises Key Interest Rate by 0.75%
The Central Bank of Iceland has raised interest rates by 0.75 percentage points. The hike takes the Bank’s key interest rate to 2.75%. Decade-high inflation
The Central Bank of Iceland has raised interest rates by 0.75 percentage points. The hike takes the Bank’s key interest rate to 2.75%. Decade-high inflation
Commodity prices on world markets are at an all-time high and Iceland has not escaped the effects of that development, RÚV reports. Price increases are
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 0.5 percentage points. The Bank’s
A 0.25% to the Central Bank’s key interest rate has now brought it up to 1.5%. The bank’s Monetary Policy Committee (MPC) announced the decision
Those who recently signed non-indexed mortgages with variable interest rates may find themselves in a difficult position, according to the Director of the Institute of
The Central Bank of Iceland’s new macroeconomic forecast, published in the February Monetary Bulletin anticipates a growth of 2.5 GDP in 2021, and that the
The Monetary Policy Committee of the Central Bank of Iceland (CBI) has decided to lower the Bank’s interest rates by 0.25 percentage points. The Bank’s
Authorities have declared a state of uncertainty due to possible magma accumulation on the Reykjanes peninsula in Southwest Iceland. The aviation colour code has been
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