The goal of the living standards agreement is to create conditions for the reduction of interest rates here in Iceland.
Conditions for the reduction in interest rates:
Inflation is, for the most part, governed by the development of the rate of exchange of the Icelandic króna, wages and housing prices. This means that:
Create conditions for interest rate decreases
The authorities mention seven issues that are necessary toward abolishing indexation:
Takk fyrir!
Ábending þín er móttekin