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Icelandic Central Bank Raises Key Interest Rate to 8%

The Central Bank of Iceland has increased its key interest rate by 0.25 percentage points to 8%, drawing criticism from economists and contractors who describe the economic management as incompetent and the interest rate system as a vicious cycle.

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First report: ruv · 19 Aug, 10:52Full coverage: 2 · 10hWindow: 10h
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