PDA

View Full Version : Iceland’s Central Bank Lowers Benchmark Rate to 15.5% - Bloomberg



NewsWhore
04-08-2009, 09:30 AM
<img alt="" height="1" width="1">
Iceland’s Central Bank Lowers Benchmark Rate to 15.5% (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaH4GFqE1cGOo%26refer%3Deurope&cid=1329100008&ei=ZKjcSd3RO4LGsga2qeGzDQ&usg=AFQjCNHqm4v9WJpg-HMOglTKeK40u4xcYQ)
Bloomberg
The economy will slump as much as 10.5 percent this year following the collapse of the north-Atlantic island’s banks and currency, the IMF estimates. The central bank sees scope for “significant” rate cuts, according to the minutes of its March 19 ...


More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaH4GFqE1cGOo%26refer%3Deurope&cid=1329100008&ei=ZKjcSd3RO4LGsga2qeGzDQ&usg=AFQjCNHqm4v9WJpg-HMOglTKeK40u4xcYQ)