Aug 20, 2015
Icelandic monetary policy has become too easy - Sedlabanki is (rightly) trying to catch up
Icelandic monetary policy has become too easy – Sedlabanki is (rightly) trying to catch up
Yesterday the Icelandic central bank Sedlabanki hiked its key policy rate by 50bp to 5.50%. The hike was fully expected by the markets and is the second hike this year. I don’t have much time to write about this, but let me just briefly say that I think there are very good reasons for Sedlabanki to hike rates – in fact it looks as if Sedlabanki is even falling behind the curve and more rate hikes…
View On WordPress