Statement of the Monetary Policy Committee 8 May 2024
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 9.25%.
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Monetary Bulletin published
The Monetary Bulletin, 2024/2, has been posted on this website.
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Statement of the Monetary Policy Committee and publication of Monetary Bulletin – Webcast today
A statement of the Monetary Policy Committee will be published on the Central Bank of Iceland website at 08:30 hrs. today, 8 May 2024. The Bank’s Monetary Bulletin will be published at 08:35 hrs. An hour later, at 9:30 hrs., a press conference on the statement and the contents of the Monetary Bulletin will be held.
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Arnór Sighvatsson appointed acting Deputy Governor for Financial Stability
The Prime Minister has appointed Arnór Sighvatsson to serve as acting Deputy Governor for Financial Stability from 1 May 2024 until a permanent appointment has been made.
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Survey of market expectations
The Central Bank of Iceland conducted a survey of market agents’ expectations over the period from 22 through 24 April. A total of 36 agents in the bond market, including banks, pension funds, mutual and investment funds, securities brokers, licensed asset management firms, and insurance firms were invited to participate. Responses were received from 29 market participants, giving a response ratio of 81%.
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