Bank of Israel Cuts Interest Rate Again, Defying Economist Forecasts
Bank of Israel cuts its key interest rate to 4%, defying economist forecasts for the second time. This move reflects 2.4% inflation and a strong shekel.
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Thursday, 23 April 2026
Interest Rate
Business • • 5 months ago
Bank of Israel Cuts Interest Rate to 4.25% for First Time in Nearly Two Years
Bank of Israel lowers interest rate to 4.25% for first time in almost two years, impacting mortgage holders and boosting economic recovery in Israel.
Source: Pesach Benson