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 keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 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 4 February, 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.