Central Bank of Israel
Central Bank of Israel
January 23, 2017
Israel’s monetary committee retained a minimal key interest rate, which has been at 0.1% since a 15-basis point reduction in nearly two years ago in late February 2015. The central bank’s statement explaining today’s decision not to change the rate notes that CPI inflation averaged minus 0.2% in 2016 and observes that “risks to achieving […] More