Policy Rate in Iceland Remains at 12 Percent Iceland Review

The Monetary Policy Committee of the Central Bank of Iceland announced its decision this morning to maintain the policy rate at 12 percent. Employer and labor unions had hoped that the percentage of the policy rate would drop below ten percent today.

The Monetary Policy Committee of the Central Bank of Iceland announced its decision this morning to maintain the policy rate at 12 percent. Employer and labor unions had hoped that the percentage of the policy rate would drop below ten percent today.

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