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Statement of the Monetary Policy Committee 20 May 2026
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 7.75%. All Committee members voted in favour of the decision.
20 May 2026
“The Central Bank shall promote price stability, financial stability, and sound and secure financial activities.”
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