In honor of Thomas Paine and other Founders & Immigrants. In memory of my daddy Horst Bingel
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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