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Iceland Interest Rates News Monitoring

  • Published on Nov 22, 2024

    European Stocks Close On Firm Note On Optimism About More Interest Rate Cuts

    European stocks closed on a firm note on Friday as some weak economic data raised expectations that the central banks will reduce interest rates further to boost growth. In addition to digesting regional economic data, investors continued to follow the …

    Source: RTTNews - Neutral
  • Published on Nov 20, 2024

    Key interest rates reduced by 0.5 percentage points

    The Monetary Policy Committee of the Central Bank of Iceland has decided to lower the bank's key interest rate by 0.5 percentage points. Therefore, the bank's main interest rate, interest on seven-day fixed deposits, will be 8.5%. It is stated in …

    Source: Iceland Monitor - Neutral
  • Published on Nov 20, 2024

    Central Bank Lowers Interest Rates Again

    The Monetary Policy Committee of Iceland’s Central Bank has lowered interest rates by 0.5%, reducing the key rate to 8.5%. This is the bank’s second consecutive rate cut amid easing inflation. Second consecutive rate cut The Monetary Policy Committee of …

    Source: Iceland Review - Neutral
  • Published on Nov 23, 2024

    Charting the Global Economy: Prospects Dim for European Economy

    (Bloomberg) -- Business activity in the euro area unexpectedly shrank this month, fueling concerns about the prospects for Europe’s economy and suggesting the European Central Bank will need to be more aggressive with interest-rate cuts. Most Read from …

    Source: Yahoo Finance - Label Pending
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