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Icelandic Central Bank Rate Hikes Draw Criticism Amid Inflation Concerns

Iceland's Central Bank's decision to raise interest rates has been met with disappointment and concern, with unions preparing for action. There is little confidence that inflation will be brought down, and high interest rates are seen as having a prolonged negative impact on the economy.

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First report: morgunbladid · 20 May, 12:56Full coverage: 2 · 19hWindow: 19h
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