The minutes of the MPC from the interest rate decision of 17 August 2011
Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 16 August 2011.
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The Central Bank's Economic Indicators for August 2011 published
The Central Bank's Economic Indicators for August 2011 have been posted on this website.
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Webcast
At 10:30 GMT today, the Bank will transmit a webcast explaining the interest rate decision of the Monetary Policy Committee and the contents of Monetary Bulletin in greater detail.
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Monetary Bulletin 2011/3 has been published on the Central Bank's website
Monetary Bulletin 2011/3 has been published on the Central Bank's website.
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Statement of the Monetary Policy Committee 17 August 2011
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 0.25 percentage points. The current account rate will therefore be 3.5%, the maximum rate on 28-day certificates of deposit (CDs) 4.25%, the seven-day collateralised lending rate 4.50%, and the overnight lending rate 5.5%.
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