trending Market Intelligence /marketintelligence/en/news-insights/trending/N8MVcc5GcTFgSYiCUtxbUg2 content esgSubNav
In This List

Central Bank of Iceland reduces key interest rate

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Central Bank of Iceland reduces key interest rate

The Central Bank of Iceland reduced its key interest rate by 0.25 percentage point to 4.25%, saying inflation has decreased in the past two months, with measures of underlying inflation also declining.

The bank said inflation was measured at 1.4% in September and measures of inflation expectations are in line with the inflation target.

Iceland's GDP growth is expected to be weaker in 2017 than in the previous year as growth in tourism has eased, the central bank said.