Interest rates round-up

A brief round-up of recent interest rate decisions in central banks in emerging markets.

The Bank of Israel left its policy rate unchanged at 5.5% at Monday's policy-setting meeting. In a statement, the central bank cited the slowdown in inflation, the fact that the military conflict might reduce consumer spending, a less than 50 per cent probability of the US Federal Reserve raising the fed funds rate, stabilising oil prices and the continued strength of the shekel.

Contrary to market expectat