REYKJAVIK, April 22 (Reuters) - Iceland's central bank said on Wednesday that one member of its interest-setting monetary policy committee had backed a deeper cut in the policy rate than the 1.5 percentage point reduction agreed on.
The bank on April 8 reduced its key rate to 15.5 percent after four of the five monetary policy committee members backed a proposal for such a cut from Governor Svein Harald Oygard.
"The fifth member voted for a 2 percentage points cut in the policy rate," the minutes of the meeting said. (Reporting by Patrick Lannin; Editing by Ron Askew)