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The Central Bank of Iceland has sent the Government a report on inflation above the deviation threshold of the inflation target in September 2025.
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 7.50%. 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 tomorrow, Wednesday 8 October at 08:30 hrs. At 9:30 hrs., a press conference on the statement will be held.