04 May 2022

Statement of the Monetary Policy Committee 4 May 2022

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 1 percentage point. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 3.75%.

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04 May 2022

May Monetary Bulletin 2022

The May issue of Monetary Bulletin has been published on the Central Bank of Iceland website. The report, which is issued quarterly, contains the Bank’s analysis of the economic and monetary outlook. Both the analysis and the forecast published in Monetary Bulletin play an important role in monetary policy formulation in Iceland.

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04 May 2022

Monetary Policy Committee statement, Monetary Bulletin and webcast today, 4 May 2022

A statement of the Central Bank Monetary Policy Committee (MPC) and Monetary Bulletin will be published on the Bank's website today; the statement at 8:30 hrs. and the Bulletin at 8:35 hrs. Beginning an hour later, at 09:30 hrs., will be a webcast presentation, where Ásgeir Jónsson, Governor and Chair of the MPC; Rannveig Sigurðardóttir, Deputy Governor for Monetary Policy and Vice-Chair of MPC; and Thorarinn G. Petursson, Chief Economist of the Central Bank, will explain the statement and the rationale behind the Committee's decision, and introduce the contents of Monetary Bulletin.

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