Reported about 1 year ago
The Bank of Israel is expected to maintain its benchmark interest rate at 4.5% for a fourth time, with economists predicting no rate cuts in the near future due to the ongoing conflict with Hamas and Hezbollah. The central bank's decision will be influenced by security developments, economic forecasts, and inflationary pressures caused by the war. The possibility of an interest rate cut may only arise later in the year if geopolitical conditions improve and inflation remains controlled.
Source: YAHOO