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ISRAEL AT WAR: BEYOND THE HEADLINES FROM MICHAEL ORDMAN
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Bank of Israel seen pausing next week, unclear if rate hike cycle over: Reuters poll
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Israel's central bank is expected to leave short-term interest rates unchanged next week after an aggressive tightening round aimed at battling persistent inflation, but analysts are split over whether the rate hike cycle has ended. Of the 17 economists polled by Reuters, 13 projected the Bank of Israel would hold its benchmark rate at 4.75% - its highest level since late 2006 - when it announces its decision on Monday at 4 p.m.
Phoenix-Excellence chief economist Amir Kahanovich: Will the strengthening of the shekel cause the Bank of Israel to vacillate on rate hikes?
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