Reported about 8 hours ago
Israel's central bank has kept interest rates steady at 4.5% for the ninth consecutive meeting as it awaits a decline in inflation exacerbated by ongoing conflict. The bank's focus is on market stabilization and economic support, with inflation currently at 3.8% due to increased taxes and essential service costs. Analysts predict that rate cuts may begin by May if inflation eases, although uncertainties surrounding budget approvals and ceasefire terms raise caution.
Source: YAHOO