Bk of Israel say lawmakers try to politicise them

ISRAEL - Bank of Israel Governor David Klein accused legislators Thursday of trying to politicise the central bank with a bill that would water down his authority in setting interest rates.

In a preliminary vote two weeks ago, parliament approved forming a monetary policy council to authorize the governor's policy. The finance and labor ministers, who typically have strong political ties and motives, would sit on the council.

"There have been repeated attempts to politicise the interest rate-se