Icelandic rate setters divided on April cut
One of the five members voted for a deeper cut of at least 2%, the central bank has said.
According to the MPC minutes, the dissenter argued that a more substantial cut was needed to help ease the crippling recession which is creating a record amount of bankruptcies.
He also argued that Iceland's high interest rates - aimed at supporting the krona, which has plunged in value
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