October 15, 2008: Iceland Cuts Interest Rates from Record High
The Central Bank of Iceland cuts the country’s interest rate by 3.5 percent to 12 percent. Interest rates had previously been at a record high of 15.5 percent. [BBC, 2/2/2009]
The Central Bank of Iceland cuts the country’s interest rate by 3.5 percent to 12 percent. Interest rates had previously been at a record high of 15.5 percent. [BBC, 2/2/2009]