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After months of hesitation... Bank of Israel lowers interest rate to 3.75%
SadaNews - The Bank of Israel has reduced the key interest rate by 0.25% today, Monday, bringing it down to 3.75%, marking the second interest rate cut since the beginning of this year, amid a decline in inflation rates and the stabilization of the shekel exchange rate, alongside increasing expectat...
European Central Bank Keeps Interest Rate at 2%
SadaNews Economy - The European Central Bank has kept the interest rate at 2% in line with expectations.
Continues..
Federal Reserve Keeps Key Interest Rate Unchanged as Expected
SadaNews Economy - On Wednesday, the U.S. Federal Reserve (the central bank) kept the key overnight interest rate unchanged in a range between 3.50% and 3.75%, during its last official meeting under the chairmanship of Jerome Powell, whose term ends in mid-May 2026.
The Federal Reserve stated tha...
Israeli economist anticipates central bank intervention to regulate dollar exchange rate
Translation of SadaNews Economy - Uri Greenfield, chief strategist at the Israeli investment firm "Psagot", suggested that the Bank of Israel may intervene in the near future to try to regulate the exchange rate of the dollar against the shekel.
The dollar has fallen below 3 shekels for...
Israel Bank Keeps Interest Rate at 4%
SadaNews Economy Translation - The Monetary Committee of the Bank of Israel has kept the interest rate unchanged at 4%.
This decision comes after the committee had previously decided to lower the interest rate twice consecutively last January.
The decision by the Israeli central bank comes ami...