Economy · Full coverage
Low Inflation Opens the Door to an Unusual Run of Rate Cuts
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By אסף זגריזק
What happened
Israel’s softer-than-expected May inflation data has increased expectations that the Bank of Israel will cut rates, possibly in a rare sequence of three consecutive reductions. Economists are split on the size and pace of easing, but most see a cut in July as likely.
- 01May CPI fell 0.3%, far below forecasts and still within the inflation target.
- 02Airfare drove the headline decline, while rents remain a key concern.
- 03Markets expect a July rate cut and possibly two cuts over three meetings.
- 04Governor Amir Yaron said falling inflation expectations support faster easing.
- 05The Bank of Israel will next update rates and forecasts in July.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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