Economics
Israel No Longer Politics-Proof to Central Bank as It Holds Rate
- Benchmark rate left at 0.25%; most economists predicted a cut
- Bank warns political turmoil ‘may leave its mark’ on economy
Photographer: Bloomberg/Bloomberg
This article is for subscribers only.
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.
The Bank of Israel extended a pause in interest rates even as it conceded political uncertainty risks damaging the economy, opting to keep in reserve its minimal room for maneuver as major central banks suspend monetary easing.