18 May 2022

Minutes of the Monetary Policy Committee meeting of 2-3 May 2022

In accordance with the Monetary Policy Committee Rules of Procedure, the minutes of the Committee's most recent meeting have been published on the Bank's website. The minutes are published two weeks after the announcement of the Committee's decision.

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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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27 April 2022

Survey of market expectations

The Central Bank of Iceland conducted a survey of market agents’ expectations over the period from 19 through 22 April. A total of 30 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 80%.

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