Iceland's inflation has accelerated again as of June 2, reducing the likelihood of a rate cut. The central bank governor noted that the US Federal Reserve's 'tough' policy stance supports his efforts, which have resulted in Iceland's interest rates reaching a western European high of 9.25%.
#Iceland’s central bank governor said a “tough” policy stance from the US Federal Reserve provides a tailwind for his work that has taken interest rates in the island nation to a western European high of 9.25% https://t.co/3SZMiyLsKN by Ragnhildur Sigurdardottir
Iceland’s central bank governor said a “tough” policy stance from the US Federal Reserve provides a tailwind for his work that has taken interest rates in the island nation to a western European high of 9.25% https://t.co/63LrPZxcrQ
Iceland’s central bank governor says a “tough” policy stance from the US Federal Reserve provides a tailwind for his work that has taken interest rates in the island nation to a western European high of 9.25% https://t.co/ZQGPMNyEK4
Iceland governor says the Fed’s ‘tough’ policy makes his job easier https://t.co/iNWpDHofdQ https://t.co/vH69p9pHmp
Iceland’s central bank governor said a “tough” policy stance from the US Federal Reserve provides a tailwind for his work that has taken interest rates in the island nation to a western European high of 9.25% https://t.co/DmRv0B6yrh
Iceland’s inflation quickens again, damping rate cut odds https://t.co/OJChaCauFj https://t.co/axrQYnVedL