Working Paper no. 81: Long-term inflation expectations and inflation dynamics
The Central Bank of Iceland has published a new working paper on the interaction between inflation and long-term inflation expectations at the Central Bank’s inflation target. This paper is a revised and updated version of Working Paper No. 77 that was published in March 2018.
Survey of market expectations
The Central Bank of Iceland conducted its survey of market agents’ expectations during the period 12-14 August 2019. A total of 28 agents in the bond market, including banks, pension funds, mutual and investment funds, securities brokers, and licensed asset management firms were invited to participate. Responses were received from 24 market partici...
Dr. Ásgeir Jónsson new Governor of the Central Bank of Iceland
Today, Ásgeir Jónsson took over from Már Guðmundsson as Governor of the Central Bank of Iceland. Ásgeir Jónsson received a doctoral degree in Economics from Indiana University in 2001, with international finance, monetary economics, and economic history as major subjects. His doctoral dissertation was on the short-term stabilisation of economic cyc...
Monetary Policy Committee Report to Parliament
The Monetary Policy Committee Report to Parliament on the Committee's work during the first half of 2019 has been published on the Central Bank’s website. The Act on the Central Bank of Iceland stipulates that the Monetary Policy Committee (MPC) of the Central Bank of Iceland submit to Parliament a report on its activities twice a year and that the...
International conference organised by the Central Bank of Iceland
The Central Bank of Iceland organised an international conference on the preservation of monetary and financial stability at Reykjavík’s Grand Hotel on 12 July 2019. The conference, entitled Looking back and looking forward: How do we preserve monetary and financial stability?, was split into two sessions, each with its own focus and discussion top...
Ásgeir Jónsson appointed Governor
Pursuant to Article 23, Paragraph 1 of the Act on the Central Bank of Iceland, no. 36/2001, the prime minister has appointed Dr Ásgeir Jónsson to the position of Governor of the Central Bank of Iceland for a term of five years, beginning 20 August 2019. Ásgeir Jónsson received a doctoral degree in Economics from Indiana University in the United Sta...
Minutes of the MPC
Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 24 and 25 June 2019. There, the Committee discussed economic and financial market developments, the interest rate decision on 26 June, and the communication of that decision.
Annual General Meeting of the Bank for International Settlements
Central Bank of Iceland Governor Már Guðmundsson attended the Annual General Meeting of the Bank for International Settlements (BIS) in Basel, Switzerland, on 30 June 2019. The BIS is a limited liability company owned by sixty central banks and is a forum for international collaboration among central banks and financial supervisors, as well as a re...
Economic Indicators 28 June 2019
The Central Bank of Iceland’s Economic Indicators report for June 2019 has been released and can be found here on the Bank’s website. The publication contains information on developments in prices, output, external trade, the labour market, public sector finances, asset markets, and the financial market. The information is published in chart form,...
Statement of the Monetary Policy Committee 26 June 2019
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 3.75%.