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✉news BusinessBanking first seen 3 h ago, last 1 h ago, peak #19

Israel Holds Rates, Hikes Growth Forecasts Ahead of Election

Israel's central bank has kept its benchmark interest rate unchanged while raising its economic growth forecasts, with the decision coming shortly before the country's national election. The move signals confidence in the economy's resilience, though the timing draws attention to how monetary policy and politics intersect in the run-up to the vote.

Why now: The rate decision's proximity to Israel's election is drawing attention to the economy's strength and potential political implications.

IsraelBank of Israel

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