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Iceland Hikes Key Rate to 8% to Lower Risk of Price Spiral

1 source ·1 article ·10h ago

Iceland’s central bank Governor Asgeir Jonsson signaled borrowing costs have likely peaked after the third interest-rate hike this year as persistent inflation has led to unexpectedly few second-round effects.

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Bloomberg 1

All coverage · 1 article

Bloomberg Economics ·10h ago

Iceland Hikes Key Rate to 8% to Lower Risk of Price Spiral

Iceland’s central bank Governor Asgeir Jonsson signaled borrowing costs have likely peaked after the third interest-rate hike this year as persistent inflation has led to unexpectedly few second-round effects.