Because of concerns about inflation: Israel's central bank is not lowering its key interest rate again.. As of: February 27, 2024, 4:35 p.m By: Fabian Hartmann CommentsPressSplit High defense spending and the risk of a major conflict call for caution: The Bank of Israel is against another interest rate cut.
The Israeli Central Bank's Monetary Policy Committee left the key interest rates at 4.5 percent, it announced at a press conference in Jerusalem on Monday. The decision shows what competing interest rate policy priorities the decision-makers in Israel are facing.