Monetary Bulletin 2007/3

Monetary Bulletin

Vol. 9 no. 3 November 2007

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 Contents and editorial information

Monetary policy statement by the Board of Governors

 Tighter monetary policy needed

Economic and monetary developments and prospects
 Domestic demand stronger than previously forecast, but financial conditions have deteriorated
         Data for charts in EMDP
Financial markets and Central Bank measures
 Upheaval in the global markets

Thórarinn G. Pétursson
 The role of monetary policy

 Monetary policy and instruments

 Economic and monetary chronicle

 Featured statistics

 Tables and charts