23.08.2019

Working Paper no. 81: Long-term inflation expectations and inflation dynamics

The Central Bank of Iceland has published a new working paper on the interaction between inflation and long-term inflation expectations at the Central Bank’s inflation target. This paper is a revised and updated version of Working Paper No. 77 that was published in March 2018.

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21.08.2019

Survey of market expectations

The Central Bank of Iceland conducted its survey of market agents’ expectations during the period 12-14 August 2019. A total of 28 agents in the bond market, including banks, pension funds, mutual and investment funds, securities brokers, and licensed asset management firms were invited to participate. Responses were received from 24 market participants, giving a response ratio of 86%.

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20.08.2019

Dr. Ásgeir Jónsson new Governor of the Central Bank of Iceland

Today, Ásgeir Jónsson took over from Már Guðmundsson as Governor of the Central Bank of Iceland. Ásgeir Jónsson received a doctoral degree in Economics from Indiana University in 2001, with international finance, monetary economics, and economic history as major subjects. His doctoral dissertation was on the short-term stabilisation of economic cycles in a small open economy. A member of the University of Iceland Faculty of Economics since 2004, first as a lecturer and then as an associate professor, Ásgeir has been Dean of the Faculty of Economics since 2015. Ásgeir has held other positions of trust, including chairing a task force on the review of Iceland’s monetary policy framework. From 2004-2011 he was Chief Economist and Head of the research department at Kaupthing Bank (later Arion Bank).

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12.08.2019

Monetary Policy Committee Report to Parliament

The Monetary Policy Committee Report to Parliament on the Committee's work during the first half of 2019 has been published on the Central Bank’s website. The Act on the Central Bank of Iceland stipulates that the Monetary Policy Committee (MPC) of the Central Bank of Iceland submit to Parliament a report on its activities twice a year and that the contents of the report be discussed in the Parliamentary committee of the Speaker’s choosing.

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12.08.2019

International conference organised by the Central Bank of Iceland

The Central Bank of Iceland organised an international conference on the preservation of monetary and financial stability at Reykjavík’s Grand Hotel on 12 July 2019. The conference, entitled Looking back and looking forward: How do we preserve monetary and financial stability?, was split into two sessions, each with its own focus and discussion topics.

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