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Israel's central bank maintained its interest rate at 4.5%, reflecting concerns over an economic slowdown due to ongoing conflict and rising inflation. This decision marks the seventh consecutive hold, with the next rate review set for early January 2024.
Israel's central bank is poised to maintain its interest rate at 4.5% for the seventh consecutive time, as it navigates the impacts of ongoing conflicts in Gaza and Lebanon on inflation and economic growth. This decision will be made during the final Monetary Policy Committee meeting before early January, with all nine analysts surveyed anticipating the hold.
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