{"id":646890,"date":"2026-08-20T08:06:45","date_gmt":"2026-08-20T08:06:45","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/646890\/"},"modified":"2026-08-20T08:06:45","modified_gmt":"2026-08-20T08:06:45","slug":"iceland-hikes-key-rate-to-8-to-lower-risk-of-price-spiral","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/646890\/","title":{"rendered":"Iceland Hikes Key Rate to 8% to Lower Risk of Price Spiral"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Iceland\u2019s central bank Governor Asgeir Jonsson signaled borrowing costs have likely peaked after the third interest-rate hike this year as persistent inflation has led to unexpectedly few second-round effects.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Policymakers at Sedlabanki in Reykjavik on Wednesday lifted the 7-day term deposit rate a quarter percentage point to 8.0%, the highest level in more than a year. The decision was in line with forecasts from the market.<\/p>\n","protected":false},"excerpt":{"rendered":"Iceland\u2019s central bank Governor Asgeir Jonsson signaled borrowing costs have likely peaked after the third interest-rate hike this&hellip;\n","protected":false},"author":2,"featured_media":646891,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[273726,79,2817,184,179,18,1015,210593,3428,6904,19,185,17,6045,11388,2297],"class_list":["post-646890","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asgeir-jonsson","tag-business","tag-currency","tag-economics","tag-economy","tag-eire","tag-europe","tag-generic-1st-xb-future","tag-government","tag-iceland","tag-ie","tag-inflation","tag-ireland","tag-labor","tag-taxes","tag-unemployment"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/117126809976712838","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/646890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=646890"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/646890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/646891"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=646890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=646890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=646890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}