Bank of Israel unlikely to raise rates in the near future, says governor

David Vaaknin

The governor of the Bank of Israel has said interest rates will not be raised in the near future, local media outlets have reported.

Governor Amir Yaron said in a statement issued to local media on July 31 that he estimated he expected “there will be no interest rate hike for a prolonged period”. He said this was due to a surprising easing of inflation pressures and major central banks pursuing looser monetary policies.

Since the BoI’s most recent policy rate decision, inflation has fallen to

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 individual account here: