Bank of Iceland

Bank of Iceland

October 1, 2014

The seven-day Icelandic collateralized lending rate was left unchanged as expected at 6.0%, its level since a 25-basis point hike in November 2012 culminated 175 basis points of tightening begun in August 2011.  A statement from the Monetary Policy Committee observes that economic growth slowed in the first half of 2014 but remains consistent with […] More

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