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Key Interest Rates Remain Unchanged
Summary by RÚV
1 Articles
1 Articles
The Central Bank's policy rate will remain at 7.5 percent. The bank's Monetary Policy Committee decided to keep it unchanged. The committee's statement refers to the fact that inflation increased from 3.8 to 4.1 percent last month. "The increase was predictable and to a considerable extent reflects unfavorable base effects." The committee says that there has been a clear turnaround in economic activity recently and that tensions have subsided in…
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