Economy13:01 · 15m ago
Bank of Israel Cuts Interest Rate to 3.5% for Second Consecutive Time
YnetCenter
Translated & summarized from Ynet by baba
The story · English
The Monetary Committee of the Bank of Israel has decided to reduce the national interest rate by 0.25%, bringing it down to 3.5%. This marks the second consecutive rate cut and the third reduction since the beginning of 2026. The decision aligns with economists' forecasts, which anticipated the rate decrease partly due to favorable inflation data. The move reflects the central bank's response to current economic conditions and inflation trends.
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