25 May 2007

New Central Bank of Iceland Working Paper

A new issue in the series Central Bank of Iceland Working Papers has been published on this website.

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16 May 2007

Central Bank of Iceland: Press Conference on May 16, 2007

The following is an English summary of the questions and answers after the formal introduction by the Chairman of the Board of Governors on the interest rate decision and the Deputy Chairman on amendments to the rules on transactions with the Central Bank at the Bank’s Press Conference on May 16, 2007

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16 May 2007

Amendments to Rules on Transactions by Financial Companies with the Central Bank of Iceland

Rules on Transactions by Financial Companies with the Central Bank of Iceland have been under review in recent weeks. The new rules are planned to enter into force in coming weeks.

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16 May 2007

Policy interest rate unchanged

The Board of Governors of the Central Bank of Iceland has decided to leave the Bank’s policy interest rate unchanged at 14.25%. Inflation has fallen, but more slowly than was expected in the Central Bank’s forecast in March 2007.

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16 May 2007

The Central Bank of Iceland leaves its policy rate unchanged

The Board of Governors of the Central Bank of Iceland has decided to leave the policy interest rate unchanged at 14.25%. The arguments in support of the decision will be presented in a press release which will be issued on the Bank’s website after 11 a.m. GMT today.

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