Skip to main content

Bank of Israel warns political turmoil could hit GDP

Central bank slows cycle with 25bp hike, raising key rate to 4.5%

bank-of-israel3
The Bank of Israel
David Vaaknin

The Bank of Israel raised its key rate by 25 basis points on April 3, slowing a year-long cycle of policy tightening. Its policy statement warned that continued unrest driven by opposition to the government’s controversial judiciary law could damage economic growth.

The decision brings the rate to 4.5%, up from 0.1% when the cycle began last April. The hike was smaller than most of the previous decisions, which were primarily in 50bp or 75bp increments.

The move comes a week after Israeli

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

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

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.