Russia s central bank raised its key interest rate by 100 basis points to 16% on Friday, hiking borrowing costs for the fifth consecutive meeting in response to stubborn inflation, and suggested.
Israel s war with
Palestinian militant group Hamas has upended expectations of
where Israeli short-term interest rates are headed as
policymakers try to balance a sliding shekel and slowing
economy. -October 26, 2023 at 02:00 am EDT
- MarketScreener
ANALYSIS-War clouds Israel s interest rate outlook devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Israel's war with Palestinian militant group Hamas has upended expectations of where Israeli short-term interest rates are headed as policymakers try to balance a sliding shekel and slowing economy with already above-target inflation. Less than three weeks ago markets and analysts were predicting at least one more rate hike by early 2024, possibly as soon as this week, after an aggressive run of tightening that took the benchmark interest rate from 0.1% in April 2022 to 4.75% in May 2023. But after Hamas gunmen from Gaza launched the deadliest attack on Israel's civilians in the country's history on Oct. 7, expectations swung to focus on sharp rate cuts before settling on a slightly softer easing path.