The Freelancers Forum in Israel is urging the central bank to cut interest rates in order to help freelancers and business owners cope with increased costs. The forum argues that a rate cut would prevent the destruction of more businesses and freelancers and would also mitigate the increased costs expected in 2025 due to raised taxes to cover the costs of the Israel-Hamas war. Lowering the interest rate would reduce credit costs for small and medium businesses, making it easier for them to operate and encouraging growth and investment. The Bank of Israel's Monetary Committee has emphasized the need for stability in the markets and has kept interest rates unchanged in its past seven decisions.