Ahead of the Central Bank of Iceland’s meeting next week, today’s data revealed that Icelandic GDP expanded by a strong 2.6% in Q4. Despite the strength of the economy, the recent appreciation of the króna points to looser monetary policy. On balance, though, we think that the Bank will wait to see if the króna’s rise will be sustained before cutting interest rates at its next meeting in May.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services