Analysts assess that the Bank of Israel's monetary policy committee will lower the benchmark interest rate by 0.25% at its meeting tomorrow, according to economic forecasts. The assessment follows Finance Minister Bezalel Smotrich's call earlier today for a rate cut, urging a reduction larger than the standard quarter point.
Analysts assess that the Bank of Israel will cut the benchmark interest rate by a quarter point at tomorrow's monetary policy meeting, according to economic forecasts. The assessment follows a call earlier today by Finance Minister Bezalel Smotrich urging the central bank to lower rates, with Smotrich advocating for a reduction larger than the standard quarter point, as The Zioneer reported. The Bank of Israel's decision is scheduled for 16:00 Jerusalem time tomorrow.
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