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Central Bank Governors Are Waiting with the Champagne
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The news of a sharp drop in inflation was quickly received at the Icelandic Chamber of Commerce's monetary policy meeting held at the Parliament Hotel this morning. In response to the reaction, Þórarinn G. Pétursson said he did not intend to open champagne on the occasion of the day, that would not be done until the 2.5 percent inflation target was reached. The response of Central Bank Governor Ásgeir Jónsson, who gave a speech at the meeting, w…
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