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Iceland Cuts Rate By 75 Bps To Record Low

RTTNews Wednesday, 20 May 2020 ()
Iceland's central bank reduced its key interest rate by 75 basis points to a record low on Wednesday, as the economy is forecast to contract the most since 1920 due to the coronavirus pandemic. The Monetary Policy Committee of the Central Bank of Iceland, on Wednesday, decided to cut the key interest rate, which is the seven-day term deposit rate, by 75 basis points to 1.00 percent.
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Simon Kennedy RT @economics: Iceland opens the door to zero rates, more QE in a bid to save the economy https://t.co/V6gMjaCkTC via @economics https://t.… 5 days ago

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Bloomberg Economics Iceland opens the door to zero rates, more QE in a bid to save the economy https://t.co/V6gMjaCkTC via @economics https://t.co/VO7KnwpX7g 5 days ago

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Clifton Abot RT @business: Iceland’s central bank slashes its main interest rate as policy makers head into uncharted territory to save the economy http… 5 days ago

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証券(株式・FX・仮想通貨)取引大辞典(相互フォロー&RT OK!) Iceland Cuts Rate By 75 Bps To Record Low https://t.co/BTZAHJ28Sw https://t.co/m9DN5DazyL 5 days ago

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Trader Gery RT @ZSchneeweiss: Iceland's central bank cuts its main rate to a record low of 1% https://t.co/ckkzcYTiWt via @economics https://t.co/BuKCo… 6 days ago