Nordic & Swiss Economics

Nordic & Swiss Economics

Nordic & Swiss Economics Update

16 May, 2018

Central Bank of Iceland on hold for now

While the Central Bank of Iceland left policy unchanged today, its new forecasts show that it expects inflation to remain above target for the next three years. Moreover, we think that the Bank is underestimating the scope for inflation expectations and wages to rise. So while the consensus expects interest rates to be unchanged for the next two years, we forecast three 25bp increases from December.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon

Get the App

The Capital Economics apps are a great way for clients to keep up to date with our latest research.

Capital Economics AppsFind out more
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.