Icelandic Industry Leaders Warn Against Further Rate Hikes

Industry Leaders Warn Against Another Iceland Rate Rise

The Federation of Icelandic Industries (Samtök iðnaðarins, also known as SI) is calling on the Central Bank’s Monetary Policy Committee to leave interest rates unchanged. As stated by SI, the economy is already under significant pressure, and further developments could affect the inflation outlook. The Monetary Policy Committee (MPC) will announce the decision on rates on [...]… The post Industry Leaders Warn Against Another Iceland Rate Rise appeared first on Iceland Review.

By Irina Shtreis