Iceland's central bank holds key rates

NAMPA / DPA

2025-08-20

Reykjavík (dpa-AFX) - Iceland's central bank retained its key interest rates on Wednesday as inflationary pressures remain despite a slowdown in inflation. The Monetary Policy Committee of the Central Bank of Iceland unanimously decided to keep the seven-day term deposit rate unchanged at 7.5%. "Further interest rate cuts will depend on whether inflation moves closer to the Bank's 2.5% target," the bank said in a statement. Headline inflation so......

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