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Israel Determined to Avoid US-Like Inflationary Environment

Amir Yaron
Amir YaronPhotographer: Bloomberg/Bloomberg
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The Bank of Israel is determined not to let inflation “reach the levels seen in Europe and the US,” Governor Amir Yaron said on Monday.

“Our primary role at the Bank of Israel is price stability,” he said during a Tel Aviv conference. “When you don’t have price stability, the whole of the economy suffers.”