The Business Times

Bank of Israel

International

Bank of Israel forgoes rate cut, warns about war budget, inflation

The monetary committee kept its benchmark at 4.5% on Monday

The focus has changed with a slowdown in inflation and as local assets recouped their losses while the shekel staged the world’s biggest rally versus the US dollar in the past two months, gaining over 12 per cent.
International

War budget casts shadow over Israel’s first rate cut since Covid

ISRAEL’S central bank warned the government’s fiscal response to the war against Hamas risks pushing the country into greater debt and could be an obstacle to further monetary easing, after it cut int...

The central bank held its benchmark rate at 4.75 per cent – its highest level since late 2006.
International

Bank of Israel again holds key interest rate at 4.75% during war

The Bank of Israel kept short-term borrowing rates unchanged for a fourth straight decision as expected on Monday (Nov 27), as policymakers remained focus on maintaining financial stability worried du...

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