Israel central bank's Klein to continue rate cuts

Bank of Israel Governor David Klein said on saturday 18 October that he would continue to cut interest rates for as long as prices and financial markets remained stable.

Source: Reuters

Bank of Israel Governor David Klein said on Saturday 18 Oxctober that he would continue to reduce Israel's key lending rate for as long as prices and financial markets remain stable.

Klein, who has already lowered the rate by three points this year to 6.1 percent in late September, spoke in an interview with Isra