Today (03-December-2022) at 12:49 UTC an earthquake with magnitude of Mw3,5 at 7,0 km depth. This was the largest earthquake in the swarm. Around of 40 earthquakes took place at the writing of this article. There are no reports about the largest earthquake was felt in nearby populated areas.
This earthquake activity suggest that a new inflation period is about to start in this part of the Reykjanes peninsula and Reykjanes ridge. There has been rather quiet time in Fagradalsfjall volcano and Reykjanes volcano since August when last eruption took place in Fagradalsfjall volcano. Reykjanes volcano has not erupted so far, but has continued activity of magma injection into the crust. When that is going to result in a eruption is impossible to know.