Iceland’s central bank on Wednesday cut its policy interest rate by 25 basis points to 7.75% from 8.0% but said it would keep a tight monetary stance despite a recent easing of inflation.Consumer price growth stood at 4.2% year-on-year in February, the lowest in four years, the central bank noted.”…
Iceland’s central bank on Wednesday cut its policy interest rate by 25 basis points to 7.75% from 8.0% but said it would keep a tight monetary stance despite a recent easing of inflation.Consumer price growth stood at 4.2% year-on-year in February, the lowest in four years, the central bank noted.”…
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