Statement of the Monetary Policy Committee 5 February 2025

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.5 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 8.0%. All Committee members voted in favour of the decision.

Exchange rate

  • USD
    141.27
  • GBP
    175.88
  • EUR
    146.60

Monetary Bulletin published

05 February 2025
The Monetary Bulletin, 2025/1, has been published. Monetary Bulletin is published four times a year. In early...

Webcast: Statement of the Monetary Policy Committee and publication of Monetary Bulletin 5 February 2025

05 February 2025
A statement of the Monetary Policy Committee was published on the Central Bank of Iceland website Wednesday 5...

Survey of market expectations

29 January 2025
The Central Bank of Iceland conducted a survey of market agents’ expectations over the period from 20 through...

Monetary Bulletin 2025/1

05 February 2025
Monetary Bulletin 2025/1 has been published on the Central Bank's website. Monetary Bulletin is published four...

Working paper no. 98: Productivity or privilege: Game-theoretic and experimental models of social class

30 December 2024
The Central Bank of Iceland has published the working paper “ Productivity or privilege: Game-theoretic and...

Economic Indicators 20 December 2024

20 December 2024
The Central Bank of Iceland’s Economic Indicators report for December 2024 has been released and can be found...