The minutes of the Central Bank of Iceland's Financial Stability Committee meeting for October 31, 2025 have been published. The Committee was of the view that significant uncertainty prevailed in the housing market following the Supreme Court judgment in Case no. 55/2024. In particular, the position of first-time buyers and lower-income buyers appeared to have worsened. Three amendments to the Bank’s borrower-based measures made.

Monetary Bulletin provides a quarterly overview of monetary developments and prospects, including an inflation forecast, which plays an important role in the formulation of monetary policy.

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower 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 7.25%. All Committee members voted in favour of the decision.

A statement of the Monetary Policy Committee will be published on the Central Bank of Iceland website, Wednesday 19 November 2025, at 08:30 hrs. The Bank’s Monetary Bulletin will be published at 08:35 hrs. At 9:30 hrs., a press conference on the statement and the contents of the Monetary Bulletin will be held.