Working paper no. 96: Testing optimal monetary policy in a currency union
The Central Bank of Iceland has published the working paper "Testing Optimal Monetary Policy in a Currency Union" by Bjarni G. Einarsson, economist in the department of Economics and Monetary Policy
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Central Bank lending survey
The Central Bank conducts quarterly lending surveys among the four commercial banks. In the surveys, the banks are asked for their assessment of developments in demand for credit; the factors that, in their opinion, had a decisive impact on supply in the previous three months; and their expectations for the coming six months. The results of the most recent survey, conducted during the period 1 July-16 August 2024, are based on the average of the commercial banks’ responses.
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Statement of the Monetary Policy Committee 21 August 2024
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 9.25%.
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Monetary Bulletin published
The Monetary Bulletin, 2024/3, has been published. It contains an inflation and macroeconomic forecast, together with an in-depth analysis of economic and monetary developments and prospects.
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Statement of the Monetary Policy Committee and publication of Monetary Bulletin 21 August 2024
A statement of the Monetary Policy Committee was published on the Central Bank of Iceland website at 08:30 hrs. Wednesday 21 August 2024. The Bank’s Monetary Bulletin was published at 08:35 hrs. An hour later, at 9:30 hrs., a press conference on the statement and the contents of the Monetary Bulletin was held.
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