New data Interest Rate Decision
2/5/2025
actual 8, previous 8.5
On February 5, 2025, at 08:30 GMT, Iceland (IS) announced its Interest Rate Decision. The actual interest rate was reported at 8%, which was a decrease of 0.5% from the previous rate of 8.5%. This event had a low impact on the market. The currency affected by this decision was the Icelandic Krona (ISK). The market had anticipated the interest rate to remain unchanged at 8%, so the actual decrease to 8% by 5.882% was a surprise to some investors. This decision could potentially influence borrowing costs, investment decisions, and the overall economic outlook for Iceland.This is not investment advice. Remember to verify the information provided here.
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