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A new study indicates that Iceland's Central Bank's monetary policy has deviated significantly from the optimal path for decades, with interest rates generally being too low. This comes as an analysis examines the economic impact of the current situation on businesses and consumers, though forecasts predict moderate economic growth in the coming years. Pension funds' share in the PCC silicon plant has been reduced to zero, preparing for a worst-case bankruptcy scenario, while the fisheries…
Heimildin:
Central Bank Interest Rates Too Low for Decades
A study suggests that Iceland's monetary policy deviated significantly from the optimal path before the 2008 financial crisis and after the COVID-19 pandemic, with interest rates generally being too low, complicating economic management.
Vísir:
What is the Current Situation Costing Shops and Icelandic Consumers?
An analysis piece examining the economic impact of the current situation on Icelandic businesses and consumers.
Vísir:
Forecast Predicts Moderate Economic Growth in Coming Years
Economic forecasts indicate a period of moderate growth for Iceland in the upcoming years.
Heimildin:
Pension Funds' Share in PCC Silicon Plant Reduced to Zero
A company managing pension funds' and Islandsbanki's ownership in the PCC silicon plant on Bakki is preparing for the worst-case scenario of the plant's bankruptcy, as it has been inactive for over a year.
Heimildin:
Strong Negotiating Position in Fisheries Matters
An article discussing the strong bargaining power in Iceland's fisheries sector.
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