US EditionBank of Israel Unexpectedly Cuts Interest Rate
The Bank of Israel cut rates to 4% as inflation dropped to 2.4% annually, with forecasts showing GDP growth of 5.2% in 2026 amid easing supply constraints.
8 Articles
8 Articles
Bank of Israel lowers benchmark interest to 4 percent in surprise move
This was the second consecutive reduction of this key interest rate in two months. In an earlier survey, a decisive majority of analysts estimated that the bank would not reduce the key interest – 'It's difficult to explain the bank's change of direction'
The Star Kuala Lumpur
Israel cuts interest rate by 25 basis points
JERUSALEM, Jan. 5 (Xinhua) -- Israel's central bank on Monday cut its benchmark interest rate by 25 basis points to 4 percent, a move that defied most analysts' expectations. Read full story
The Bank of Israel decided today (Monday) to lower the interest rate by 0.25%. The interest rate will stand at 4%. This is the second consecutive reduction. The decision was made contrary to the expectations of most bank and investment house economists, but what probably led to it was the strengthening of the shekel against the dollar and the euro and expectations of a continued decline in inflation following the December index. About a month an…
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