Bank of Israel Monetary Policy Left Unchanged

February 22, 2010

A decision to leave the Bank of Israel’s key policy rate at 1.25% matched the market consensus.  A statement from officials mentioned lower-than-expected CPI inflation in both December and January as the main factor behind today’s decision and noted as well that measures of expected price inflation remain benign and anchored at an in-target pace […] More

Bank of Israel Key Rate Kept Steady at 1.25%

January 26, 2010

Following three 25-basis point rate increases implemented last August, November and December, analysts had been split over whether a fourth increase would be announced this week.  The Bank of Israel instead kept policy steady and released a statement that ties the timing of future increases to inflation, domestic and global growth, and the trend in […] More