Statement of the Monetary Policy Committee 20 March 2024
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 9.25%.
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Statement of the Monetary Policy Committee and webcast 20 March 2024
A statement of the Monetary Policy Committee was published on the Central Bank of Iceland website at 8:30 hrs. At 9:30, a press conference on the statement was held. Governor Ásgeir Jónsson, Chairman of the Monetary Policy Committee, and Deputy Governor Rannveig Sigurdardóttir, presented the Committee's statement.
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Financial Stability report published
The Financial Stability report of the Central Bank of Iceland, first issue 2024, has been published. The Bank’s semi-annual Financial Stability report presents an overview of the position of the financial system, its strengths and potential weaknesses, and the macroeconomic and operational risks it may face.
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Statement of the Financial Stability Committee 13 March 2024
The Icelandic financial system is on a solid footing. The systemically important banks’ capital and liquidity are strong, and they have ready access to funding. Inflation has eased, and aggregate demand is rebalancing. Real interest rates have risen, and private sector demand for credit has subsided.
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Statement of the Financial Stability Committee and publication of Financial Stability
A statement of the Financial Stability Committee was published on the Central Bank of Iceland website at 8:30 hrs today. The banks Financial Stability Report was published at 8:35. At 9:30, a press conference on the statement and the contents of the Financial Stability Report was held.
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