News  Sources

Bank of Israel stays on hold as inflation stabilizes

image sourced from original article at https://www.jpost.com/breaking-news/article-830663

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.

Original article source: https://www.jpost.com/breaking-news/article-830663
Source Id: 8428159605

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox