Interest Rate Drops for First Time Since 2020 in Iceland
The Central Bank of Iceland has lowered its interest rate by 0.25 percentage points, the first reduction since 2020, bringing the key rate to 9%. An economist views the cut as a positive step but warns of challenges ahead due to housing market sluggishness and labour shortages. Unchanged for 13 months The Monetary Policy Committee […] The post Interest Rate Drops for First Time Since 2020 in Iceland appeared first on Iceland Review.Read more:
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