Share
Copied
The Bank of Israel on Monday announced the increase of its benchmark interest rate for the seventh time in a row to try to curb inflation that remains above 5%.
The central bank lifted its key rate by 50 basis points to a 14-year high of 3.75% from 3.25%. In April, policymakers began raising the rate from 0.1%.
Despite the rate hikes, Israel's annual inflation rate rose to a 14-year high of 5.3% in November from 5.1% in October.
(With input from Reuters)
(Cover: The Bank of Israel building is seen in Jerusalem, June 16, 2020. Reuters)
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466