Iceland's central bank lifted its key interest rate for the fourth consecutive meeting as inflation outlook deteriorated amid persistent global price pressures and a rapid rebound in domestic economic activity.
The Monetary Policy Committee of the Central Bank of Iceland, on Wednesday, decided to raise the key interest rates by 0.5 percentage points to 2.00 percent from 1.50 percent.
The bank had raised its key rate by 25 basis points each in May, August and October.
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