Dissenter calls for rate hike: Iceland minutes


Minutes of the Central Bank of Iceland's Monetary Policy Committee meeting, published on Wednesday, shows that while the committee voted unanimously in favour of holding interest rates, one member voted to raise rates by 25 basis points.

Minutes from the June 14 meeting showed that while most members agreed that a shift to a tightening bias in the committee's statement was necessary to reflect the threat of inflation becoming more entrenched, one member said the greater inflationary risks

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