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Shekel gains sharply despite political uncertainty

Analysts expect compromise before the second and third readings of the law to curb judicial review.

Shekel stable but analysts fear rapid depreciation

IBI chief economist Rafi Gozlan: Enactment of the law curbing judicial review would lead to a rapid depreciation of the shekel.

Bank of Israel seen pausing next week, unclear if rate hike cycle over: Reuters poll

Bank of Israel seen pausing next week, unclear if rate hike cycle over: Reuters poll
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Bank of Israel seen pausing next week, unclear if rate hike cycle over

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.

POLL-Bank of Israel seen pausing next week, unclear if rate hike cycle over

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.

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