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Citing lower inflation • Bank of Israel cuts interest rate but warns against more military spending
The central bank also revised down its deficit projections, but the change is conditional on Israel's defense spending remaining within the state budget. Both the IDF and Prime Minister Benjamin Netanyahu are seeking an additional 25 billion shekels ($8.3 billion) for defense
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ynetnews.com
Bank of Israel expected to cut interest rate for third time this year
Economists see another rate cut as inflation cools and growth slows, though a weaker shekel and election-year budget risks could stay the central bank’s hand
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Bank of Israel cuts interest rate again, lowering benchmark to 3.5%
Monetary Committee lowers rate for second straight time despite political uncertainty, says inflation is easing and upgrades growth forecasts, but warns higher defense spending…
