The Bank of Israel has decided to keep interest rates unchanged for the seventh consecutive meeting, as inflation has stabilized in the aftermath of conflicts with Hamas and Hezbollah. Annual inflation in Israel remained at 3.5% in October, above the government's target range of 1-3%. Central bankers have warned of potential rate increases if inflation remains high due to war-related supply issues.
image sourced from original article at https://www.jpost.com/breaking-news/article-830663
Original article source: https://www.jpost.com/breaking-news/article-830663
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