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Tag: Bank of Israel governor

Bank of Israel keeps rates steady due to Gaza war uncertainty

February 26, 2024February 26, 2024David Rutman

The Bank of Israel kept interest rates steady on Monday after cutting by a quarter-point in January, citing uncertainty over expected duration of the war in Gaza that will keep the pace of rate reductions this year gradual. In keeping its benchmark rate ILINR=ECI at 4.5%, the central bank said the war was having “significant […]

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