Press Conference July 3, 2008: Monetary policy statement by the Board of Governors of the Central Bank of Iceland: Policy rate remains unchanged
The Board of Governors of the Central Bank of Iceland has decided to hold the Bank's policy interest rate unchanged at 15.5%. Inflation rose sharply in the wake of the depreciation of the króna during the first months of the year and is now higher than the Bank forecast in April. According to the forecast published in this Monetary Bulletin, inflation will remain high into next year but decline rapidly thereafter. Lowering the policy rate later than was assumed in the last forecast will bring inflation to target at the time specified in April.
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Concluding Statement by the IMF mission to Iceland 2008
An IMF mission visited Iceland for consultations with representatives of the authorities and the private sector from June 23 to July 04, 2008.
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Monetary Bulletin available on this website
The Central Bank of Iceland's Monetary Bulletin has now been posted on this website.
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The Central Bank of Iceland leaves its policy rate unchanged
The Board of Governors of the Central Bank of Iceland has decided to leave the policy interest rate unchanged at 15.5%.
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Thursday, July 3, 2008: Interest rate decision and publication of MB
The next interest rate decision date of the Central Bank of Iceland is Thursday, July 3, 2008. The Monetary Bulletin of the Central Bank will be published that day, as well.
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