Volume |
No. |
Publishing month |
Monetary policy statement by the Board of Governors
|
2021/3 |
85 |
August 2021 |
Statement of the Monetary Policy Committee 25 August 2021 |
2021/2 |
84 |
May 2021 |
Statement of the Monetary Policy Committee 19 May 2021 |
2021/1 |
83 |
February 2021 |
Statement of the Monetary Policy Committee 3 February 2021 |
2020/4 |
82 |
November 2020 |
Statement of the Monetary Policy Committee 18 November 2020 |
2020/3 |
81 |
August 2020 |
Statement of the Monetary Policy Committee 26 August 2020 |
2020/2 |
80 |
May 2020 |
Statement of the Monetary Policy Committee 20 May 2020 |
2020/1 |
79 |
February 2020 |
Statement of the Monetary Policy Committee 5 February 2020 |
2019/4 |
78 |
November 2019 |
Statement of the Monetary Policy Committee 6 November 2019 |
2019/3 |
77 |
August 2019 |
Statement of the Monetary Policy Committee 28 August 2019 |
2019/2 |
76 |
May 2019 |
Statement of the Monetary Policy Committee 22 May 2019 |
2019/1 |
75 |
February 2019 |
Statement of the Monetary Policy Committee 6 February 2019 |
2018/4 |
74 |
November 2018
|
Statement of the Monetary Policy Committee 7 November 2018 |
2018/3 |
73 |
August 2018
|
Statement of the Monetary Policy Committee 29 August 2018
|
2018/2 |
72 |
May 2018
|
Statement of the Monetary Policy Committee 16 May 2018 |
2018/1 |
71 |
February 2018 |
Statement of the Monetary Policy Committee 7 February 2018 |
2017/4 |
70 |
November 2017 |
Statement of the Monetary Policy Committee 15 November 2017 |
2017/3
|
69 |
August 2017
|
Statement of the Monetary Policy Committee 23 August 2017
|
2017/2 |
68 |
May 2017 |
Statement of the Monetary Policy Committee 17 May 2017 |
2017/1 |
67 |
February 2017 |
Statement of the Monetary Policy Committee 8 February 2017 |
2016/4 |
66 |
November 2016 |
Statement of the Monetary Policy Committee 16 November 2016 |
2016/3 |
65 |
August 2016 |
Statement of the Monetary Policy Committee 24 August 2016 |
2016/2 |
64 |
May 2016 |
Statement of the Monetary Policy Committee 11 May 2016 |
2016/1 |
63 |
February 2016 |
Statement of the Monetary Policy Committee 10 February 2016 |
2015/4 |
62 |
November 2015 |
Statement of the Monetary Policy Committee 4 November 2015 |
2015/3 |
61 |
August 2015 |
Statement of the Monetary Policy Committee 19 August 2015 |
2015/2 |
60 |
May 2015 |
Statement of the Monetary Policy Committee 13 May 2015 |
2015/1 |
59 |
February 2015 |
Statement of the Monetary Policy Committee 4 February 2015 |
2014/4 |
58 |
November 2014 |
Statement of the Monetary Policy Committee 5 November 2014 |
2014/3 |
57 |
August 2014 |
Statement of the Monetary Policy Committee 20 August 2014 |
2014/2 |
56 |
May 2014 |
Statement of the Monetary Policy Committee 21 May 2014 |
2014/1 |
55 |
February 2014 |
Statement of the Monetary Policy Committee 6 February 2014 |
2013/4 |
54 |
November 2013 |
Statement of the Monetary Policy Committee 6 November 2013
|
2013/3 |
53 |
August 2013 |
Statement of the Monetary Policy Committee 21 August 2013
|
2013/2 |
52 |
May 2013 |
Statement of the Monetary Policy Committee 15 May 2013
|
2013/1 |
51 |
February 2013 |
Statement of the Monetary Policy Committee 16 February 2013
|
2012/4 |
50 |
November 2012 |
Statement of the Monetary Policy Committee 14 November 2012
|
2012/3 |
49 |
August 2012 |
Statement of the Monetary Policy Committee 22 August 2012
|
2012/2 |
48 |
May 2012 |
Statement of the Monetary Policy Committee 16 May 2012
|
2012/1 |
47 |
February 2012 |
Statement of the Monetary Policy Committee 18 February 2012
|
2011/4 |
46 |
November 2011 |
Statement of the Monetary Policy Committee 2 November 2011
|
2011/3 |
45 |
August 2011 |
Statement of the Monetary Policy Committee 17 August 2011
|
2011/2 |
44 |
April 2011 |
Statement of the Monetary Policy Committee 20 April 2011 |
2010/4 |
42 |
November 2010 |
Central Bank interest rates lowered |
2010/2 |
40 |
May 2010 |
Central Bank rates lowered |
2009/4 |
38 |
November 2009 |
Interest rate corridor aligned to the effective monetary policy stance |
2009/3 |
37 |
August 2009 |
Further monetary easing requires a stronger króna |
2009/2 |
36 |
May 2009 |
Monetary easing continues |
2009/1 |
35 |
January 2009 |
Policy rate remains unchanged |
2008/3 |
34 |
November 2008 |
Of vital importance to stabilise the foreign exchange market and strengthen the króna |
2008/2 |
33 |
July 2008 |
Policy rate remain unchanged |
2008/1 |
32 |
April 2008 |
Central Bank of Iceland raises the policy rate |
2007/3 |
31 |
November 2007 |
Tighter monetary policy needed |
2007/2 |
30 |
July 2007 |
Policy rate left unchanged |
2007/1 |
29 |
March 2007 |
Policy rate left unchanged |
|
|
|
Introduction |
2006/3 |
28 |
November 2006 |
Improved inflation outlook but a tight stance is still needed |
2006/2
|
27 |
July 2006 |
Worse inflation outlook calls for a significantly tighter stance
|
2006/1 |
26 |
March 2006 |
The policy interest rate needs to rise by more than previously expected |
2005/4 |
25 |
December 2005 |
Results of tighter policy stance begin to appear, which must be followed through |
2005/3 |
24 |
September 2005 |
Tight monetary policy will be maintained for longer than was expected |
2005/2 |
23 |
June 2005 |
To be successful, monetary policy must be forward-looking |
2005/1 |
22 |
March 2005 |
Stability cannot be ensured without a struggle |
2004/4 |
21 |
December 2004 |
The monetary stance needs to be tightened |
2004/3 |
20 |
September 2004 |
The economic outlook demands a tighter monetary stance - The financial system is fairly resilient in the face of macroeconomic imbalances
|
2004/2 |
19 |
June 2004 |
Inflation outlook has worsened and the Central Bank raises its policy interest rate
|
2004/1 |
18 |
March 2004 |
Outlook for interest rates broadly unchanged since November |
2003/4 |
17 |
November 2003 |
Interest rate rises on the horizon |
2003/3 |
16 |
August 2003 |
Monetary policy reflects economic recovery and low inflation, but also some uncertainty |
2003/2 |
15 |
May 2003 |
Interest rates unchanged for the time being |
2003/1 |
14 |
February 2003 |
Conditions still in place for easing the monetary stance |
2002/4 |
13 |
November 2002 |
Conditions for further reductions in Central Bank rates |
2002/3 |
12 |
August 2002 |
Better macroeconomic balance and decreasing inflation create conditions for a further easing of the monetary stance |
2002/2 |
11 |
May 2002 |
Inflation outlook and contraction create scope for cutting interest rates |
2002/1 |
10 |
February 2002 |
Interest rates unchanged for the time being
|
2001/4 |
9 |
November 2001 |
Increased likelihood of the Bank's inflation target being attained in 2003 - Interest rates cut |
2001/3 |
8 |
August 2001 |
Reducing inflation is the main objective of monetary policy |
2001/2 |
7 |
May 2001 |
Poorer inflation outlook and depreciation of the króna
impede further easing of the monetary stance |
2001/1 |
6 |
February 2001 |
The Central Bank will keep the króna within the target bands |
2000/4 |
5 |
November 2000 |
Rise in interest rates aims at lower inflation |
2000/3 |
4 |
August 2000 |
Monetary policy aims at reducing inflation |
2000/2 |
3 |
May 2000 |
Inflation may slow but the current account deficit is a long-term threat to stability |
2000/1 |
2 |
February 2000 |
Tight monetary policy and financial stability
|
1999/1 |
1 |
November 1999 |
Overheating calls for restrictive economic policies |