March
Monetary Bulletin
A Quarterly Publication of the Central Bank of Iceland
Vol. 6 no. 1 March 2004 Contents and editorial information (69 KB)
Introduction
Outlook for interest rates broadly unchanged since November (67 KB)
Economic and monetary developments and prospects
Near-term inflationary pressures ease despite higher output growth, but inflation will exceed the target if monetary policy remains unchanged (182 KB)
Financial markets and Central Bank measures
Alternating calm and gusts in markets (115 KB)
Financial stability
Satisfactory position but concerns over lending, foreign debt and asset prices (231 KB)
Thórarinn G. Pétursson
Formulation of inflation targeting around the world (223 KB)
Lilja Steinthórsdóttir
Internal control – corporate governance and strategic renewal (60 KB)
Már Gudmundsson
The Icelandic pension system: Design and lessons for others (97 KB)
Monetary policy and instruments (66 KB)
Prudential regulation on liquidity ratio and foreign exchange balance (58 KB)