18.10.2017

Minutes of the MPC

Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 2 and 3 October 2017. There, the Committee discussed economic and financial market developments, the interest rate decision on 4 October, and the communication of that decision.

More
18.10.2017

Financial Stability 2017/2

The Bank’s semi-annual Financial Stability report presents an overview of the position of the financial system, its strengths and potential weaknesses, and the macroeconomic and operational risks it may face. Financial Stability is also published in Icelandic under the title Fjármálastöðugleiki

More
12.10.2017

Material from an international conference held in Reykjavík on 14-15 September

A conference titled The uncertain future of global economic integration was held in Harpa Concert Hall and Conference Center, Reykjavik, Iceland on 14-15 September 2017. The conference was jointly organised by the Reinventing Bretton Woods Committee and the Central Bank of Iceland. The conference programme and presentations have been published on the Central Bank of Iceland's website.

More
12.10.2017

Meeting of the Financial Stability Council

The third meeting of the Financial Stability Council was held on Monday 9 October 2017. On the agenda were potential risks in the financial system and the macroeconomic outlook. The Council decided to recommend that the Financial Supervisory Authority keep the countercyclical capital buffer on domestic exposures unchanged at 1.25%. The financial cycle has continued to rise at a pace broadly similar to that projected at the Financial Stability Council's last meeting. The Financial Stability Council can therefore be expected to recommend that the build-up of the countercyclical capital buffer continue in the coming term, in line with the financial cycle.

More
04.10.2017

Statement of the Monetary Policy Committee 4 October 2017

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 4.25%. The outlook is for GDP growth to be weaker this year than in 2016, in part because growth in tourism has eased. The rate of GDP growth will nevertheless be robust. There are signs that demand pressures in the economy have begun to subside.

More
04.02.2015

Webcast

05.11.2014

Webcast

11.12.2013

Webcast

23.10.2013

Statement

12.06.2013

Webcast

20.03.2013

Webcast

06.02.2013

Webcast

02.11.2011

Webcast

21.09.2011

Webcast

17.08.2011

Webcast

16.03.2011

Webcast

02.02.2011

Webcast

04.06.2009

Webcast

07.05.2009

Webcast

08.04.2009

Webcast

28.10.2008

Webcast

11.09.2008

Webcast

01.06.2007

Opening address

02.11.2004

New statistics

27.07.2004

New statistics

20.07.2004

New statistics