Israel holds rates at 4%

The Bank of Israel's rate-setting board voted on Monday to keep rates at 4% for the third consecutive month.

The central bank said rates were likely to remain at 4% in the coming months as "models indicate that, at the current level of interest, inflation over the next 12 months will be within the target range."

CPI inflation rose by 0.1% in October, which was slightly higher than predicted, meaning consumer prices have now increased by 2.2% in the last 12 months, still well within the central

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