Although the financial system in Iceland is assessed as stable by the Central Bank, the financial situation of households and companies is deteriorating due to persistent inflation. Today, the countercyclical buffer rate was raised to 2.5%. Previously, it was at 2 percent. This morning the Central Bank’s Financial Stability Committee (FSN) published its half-yearly report […]
Central Bank Raises Countercyclical Buffer Sourced from ICELAND NEWS.
Source: Yle