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The Business Brief WEDNESDAY, 19 AUGUST 2026
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Iceland Hikes Key Rate to 8% to Lower Risk of Prices Spiraling

1 source ·1 article ·2h ago

Iceland’s central bank raised borrowing costs for the third time this year as rising fuel costs due to the Iran war risk further feeding a wage-price spiral.

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Bloomberg 1

All coverage · 1 article

Bloomberg Economics ·2h ago

Iceland Hikes Key Rate to 8% to Lower Risk of Prices Spiraling

Iceland’s central bank raised borrowing costs for the third time this year as rising fuel costs due to the Iran war risk further feeding a wage-price spiral.