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Israel Lending rate

Israel Lending rate latest

Bank of Israel Won't Change Lending Rate
October 26th, 2020 - 09:00 GMT

Bank of Israel Won't Change Lending Rate

The Bank of Israel's Monetary Committee announced its key lending rate of 0.1% will stay unchanged, though its quantitative easing (QE) program will expand, Globes reported Thursday. Leaving the lending rate at just 0.1% raises some concern due to the country's worsening financial crisis sparked by the coronavirus pandemic. In fact, earlier predictions based on market data were split, with 50% expecting an interest rate cut compared to 50% expecting ...
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