Bank of Israel cuts rates: Economist explains why policy will remain cautious
3:05
MSNCNBC
Bank of Israel cuts rates: Economist explains why policy will remain cautious
Ronen Menachem, Chief Markets Economist at Mizrahi Tefahot Bank, says that the Bank of Israel will remain cautious and continue its wait-and-see approach to rate cuts. He explains that the recent rate cut was driven by inflation rates staying within the target band, a strong shekel, and the cooling of military tensions.
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