Bank of Israel set to increase interest rates soon

bank-of-israel4
David Vaaknin

The Bank of Israel (BoI) will start to increase interest rates in the coming months, the institution said after its monetary policy meeting today (February 21).

The monetary policy committee kept interest rates unchanged at 0.1%. Nonetheless, it stressed that inflation is around the “upper bound of the target range”, inflation expectations have increased, and the Israeli economy is recording strong growth despite the Covid-19 Omicron variant.

“The committee’s assessment therefore is that in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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: