US EditionPolicy Interest Rate Decrease By 0.25 Percentage Points
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The Monetary Policy Committee of the Central Bank of Iceland has decided to lower the bank's interest rate by 0.25 percentage points. All committee members supported the decision. The bank's main interest rate, the interest rate on seven-day fixed-term deposits, will therefore be 7.25%. The Monetary Policy Committee's statement was just published on the Central Bank's website. "Inflation was 4.3% in October, up 0.2 percentage points from the pre…
Policy Interest Rate Decrease By 0.25 Percentage Points
On November 19, 2025, the Central Bank of Iceland announced a reduction in the capital interest rate, decreasing from 7.5 percent to 7.25 percent. The decision is the first change since May 2025, when it was lowered from 7.75 percent. According to the bank’s verdict, domestic demand has decreased, economic tension has dissipated, and economic growth is expected to slow down. As per the bank’s predictions, inflation rates are set to decrease mo…
The recent shocks to export sectors mean that the tension in the economy has now disappeared, which means that economic growth will slow down considerably, and the Central Bank's Monetary Policy Committee has therefore decided to cut interest rates by 25 basis points. This decision is also weighed down by turmoil in the mortgage market, which is "tightening" loan terms and financial conditions for households.
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