Monday, January 01, 2024

Bank of Israel cuts interest rate for the first time since early 2020. What will other central banks do next?

Will this move trigger a downward trend of interest rates in other countries?

"... The Bank of Israel Monetary Committee ... announced this afternoon that it is cutting the interest rate by 0.25% to 4.5%. ..."

Bank of Israel cuts interest rate - Globes This is the first interest rate cut in Israel since March 2020, as the Bank of Israel Monetary Committee seeks to support the war-hit economy.

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