Israel's central bank is expected to keep its interest rates at 4.5% for the seventh consecutive meeting, as it deals with the economic effects of ongoing conflicts in Gaza and Lebanon.

Analysts from Bloomberg predict that the Bank of Israel will maintain the base rate during its upcoming Monetary Policy Committee meeting on Monday. The decision is being made in light of increasing inflation and a slowing economy, which policymakers are carefully considering.

This meeting is the last chance for the central bank to adjust rates before the next scheduled session in early January, underscoring the importance of the current economic situation in Israel.