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US Dollar Hits Three-Month High Against Israeli Shekel Amid Rate Decision Uncertainty

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 14 hours ago

What happened

The US dollar strengthened to a three-month high against the Israeli shekel amid security tensions and ahead of the US Federal Reserve's interest rate decision, with markets divided on whether rates will remain unchanged or rise.

01The US dollar reached 3.08 shekels, its highest since April, amid regional tensions and Fed rate decision anticipation.
02The Federal Reserve is set to announce its interest rate decision Wednesday at 21:00 Israel time.
03Markets assign a 64% chance rates will stay steady and 36% chance of a surprise hike.
04Inflation risks persist due to Iran tensions and supply chain issues, but recent data shows easing inflation.
05Fed Chair Powell limits forward guidance to maintain policy flexibility amid internal debates.
06Leading banks and Fed officials expect no rate change, citing recent moderate inflation data.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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