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

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