The Bank of Israel lowered short-term borrowing rates for the first time in nearly four years on Monday (Jan 1), the first developed country to ease policy, following data showing a weakening economy and easing inflation as a result of Israel's war against Palestinian militant group Hamas.



1242665000

Reuters

United Kingdom

Headline Unavailable

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Woodbridge Company

Israel's central bank announced on Monday the decision to lower its benchmark interest rate by 0.25 percentage points to the new rate of 4.5 percent, according to a statement released by the bank.

The Star Kuala Lumpur

Star Media Group

Malaysia

Israel's central bank cuts interest rate to 4.5 pct amid ongoing conflict

É  a primeira redução na taxa desde março de 2020...

Banco central de Israel corta taxa de juro para 4,5%

Globo

Roberto Irineu Marinho

Brazil

Israel's central bank cuts interest rate to 4.5%

The Bank of Israel lowered short-term borrowing rates for the first time in nearly four years on Monday (Jan 1), the first developed country to ease policy, following data showing a weakening economy and easing inflation as a result of Israel's war against Palestinian militant group Hamas.


Channel News Asia

Government of Singapore

Singapore

Bank of Israel cuts rate by 25 basis points, first easing by developed country

The Bank of Israel's monetary committee lowered interest rates for the first time in nearly four years on Monday, amid signs of falling inflation and concerns of an economic slowdown as a result of the Gaza war.



Haaretz

Salman Schocken

M. DuMont Schauberg

Leonid Nevzlin

Tel Aviv-Yafo

Tel Aviv District

Israel

Bank of Israel cuts interest rate for first time in two years

Israel’s central bank warned the government’s fiscal response to the war against Hamas risks pushing the country into greater debt and could be an obstacle to further monetary easing, after it cut interest rates for the first time since the height of the global pandemic in 2020.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

Israel Delivers First Rate Cut Since Pandemic as War Rages

Bank of Israel makes first cut since 2020, governor warns on spending  The Bank of Israel lowered short-term borrowing rates for the first time in nearly four years on Monday, becoming the first developed country to ease policy, while urging lawmakers to rein in spending that has soared during Israel's war with Hamas. In reducing interest rates for the first time since April 2020, the central bank cited a stabilisation of financial markets since…

Devdiscourse

Bank of Israel makes first cut since 2020, governor warns on spending

Business Standard

Business Standard Private Limited

India

JERUSALEM (Reuters) -     The Bank of Israel lowered short-term borrowing rates for the first time in nearly four years on Monday following data showing a weakening economy and easing inflation as a result of Israel's war against Palestinian militant group Hamas. Ahead of the decision, analysts were split, with seven expecting no move and seven projecting a 25 basis point reduction, the first reduction since April 2020. The central bank lowered …

WTVB

Midwest Communications

Bank of Israel cuts rate by 25 bps during war

BoI implemented first interest rate cut since March 2020 to stimulate economic growth.

Bank of Israel cuts rate by 25 basis points, first easing by developed country

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics