Tag: Monetary policy
Israeli Monetary Policy Report for First Half of 2019: Strong Shekel, Higher Housing Prices,...
In the period reviewed, the Bank of Israel bought only a small amount of foreign exchange—$86 million, compared to billions of dollars it purchased in previous years.
Israel’s Monetary Committee Keeping Interest Rate at 0.25%
In the past six months, the annual inflation rate has ranged between 1.2% and 1.4%. In the coming months, inflation is expected to range around the lower bound of the target.
New Bank of Israel Governor: I Will Use Interest Rates To Direct Monetary Policy
"The current inflation target, within which the Bank of Israel operates, is a range of 1–3 percent per year."
Bank of Israel Keeps Interest Rate Unchanged at 0.1%
GDP is expected to grow by 3.7 percent in 2018 and by 3.6 percent in 2019.
IMF Report: Israel Enjoying Solid Economic Growth, Low Unemployment
Israel's economic growth is expected to hit 3.8% for 2016. Job creation is strong, at almost 3 percent in 2016 ( the US economy expanded at around 1.4% in 2016).