Finance Minister Bezalel Smotrich called on the Bank of Israel governor to lower the interest rate at tomorrow's monetary policy meeting, urging a cut larger than the standard quarter-point reduction.
Finance Minister Bezalel Smotrich publicly called on the Bank of Israel governor to lower the interest rate at the upcoming monetary policy decision scheduled for Monday. In a statement reported Sunday evening, Smotrich urged the governor to cut the rate by more than the standard quarter-point reduction, signaling pressure for a larger easing move to support the economy. The central bank is expected to announce its rate decision tomorrow. Smotrich did not specify the exact size of the cut he is advocating.
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