Bank of Israel cuts interest rates by 0.2%

The Bank of Israel lowered its key lending rate for January by a moderate 0.2 percent to 8% Dec 28, in line with economists' expectations. This is the lowest interest rate in a decade.

This was the sixth consecutive month in which Bank of Israel Governor David Klein lowered interest rates by 0.2-0.3%. In a statement, the central bank said the decision to continue cutting nominal interest rates was in line with multi-year inflation targets set by the government showing inflation to be in the ra

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: