Central Bank of Iceland Raises Interest Rates to 7.5%

Iceland’s central bank has increased its key interest rate for the first time since 2023, citing continued inflation and rising expectations. As reported by RÚV, the Monetary Policy Committee of the Central Bank of Iceland raised the policy rate by 0.25 percentage points yesterday, bringing it to 7.5%. What’s the Story? Policy rate raised by… The post Central Bank of Iceland Raises Interest Rates to 7.5% appeared first on Iceland Review.

By Michael Chapman