The Bank of Israel left interest rates unchanged for the seventh straight meeting on Monday, saying inflation remains high but that military conflicts are keeping economic growth weak.
In its final decision of 2024, the central bank – also concerned about Israel’s investor risk premium which has risen since the war began on Oct. 7, 2023 – left its benchmark rate (ILINR=ECI) at 4.50 per cent.
“In view of the
