17.09.2019

MPC Meeting with a Parliamentary committee

The Act on the Central Bank of Iceland stipulates that the Monetary Policy Committee (MPC) of the Central Bank of Iceland shall submit to Parliament (Althingi) a report on its activities twice a year and that the contents of the report shall be discussed in the Parliamentary committee of the Speaker’s choosing. The eighteenth meeting will be held on 19 September 2019 and attendees will be Governor Ásgeir Jónsson, Chair of the MPC and Gylfi Zoëga, professor at the University of Iceland and member of the MPC.

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11.09.2019

Minutes of the MPC

Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 26 and 27 August 2019. There, the Committee discussed economic and financial market developments, the interest rate decision on 28 August, and the communication of that decision.

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02.09.2019

Current account surplus 11.1 b.kr. in Q2/2019 – net IIP positive by 628 b.kr.

The current account surplus measured 11.1 b.kr. in Q2/2019. There was a deficit on goods trade in the amount of 42.7 b.kr. and a 52.1 b.kr. surplus on services trade, There was a 8.6 b.kr. surplus on primary income and a 6.9 b.kr. deficit on secondary income (see table below). This is included in new information published on the Central Bank of Iceland website, showing the preliminary balance of payments in Q2/2019 and the external position of the economy at the end of the quarter.

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28.08.2019

Monetary Bulletin 2019/3

Monetary Bulletin 2019/3 has been published on the Central Bank's website. Monetary Bulletin is published four times a year. The August issue contains updated inflation and macroeconomic forecasts and an abbreviated report on economic and monetary developments and outlook. Monetary Bulletin is also issued in Icelandic under the title Peningamál.

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28.08.2019

Statement of the Monetary Policy Committee 28 August 2019

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 3.5%.

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07.02.2018

Webcast

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