The Bank of Israel cut interest rates by a quarter-point on Monday, its first reduction in nearly two years, citing a moderation in inflation following the ceasefire in Gazawhile expressing caution over the prospect of future cuts.The cut in the benchmark rate ILINR=ECI to 4.25% from 4.5%, widely expected by analysts and financial markets, came after other global central banks had already begun to ease monetary policy, and last month's US-brokered truce between Israel and the Palestinian terror

Tag-uri: Inflatie