BREAKING NEWS

Fischer: Interest rate will rise to 1%, but remain low in major banks

Fischer Interest rate t

By JPOST.COM STAFF

NOVEMBER 23, 2009 19:47

Bank of Israel governor Stanley Fischer announced on Monday evening that the interest rate in Israel would be raised from 0.75 percent to 1 percent, mainly due to the relatively high inflation rates recorded in the past year. Interest rates in major banks, said the central bank's statements, are likely to remain low in the coming months. It also noted a recovery in Israel's economy, citing an increase in export, investment and private consumption due to the recovery of the global market.

Two Palestinians were shot dead after trying to break through checkpoint

By JERUSALEM POST STAFF

04/27/2024 04:37 AM

IDF strikes Khan Yunis, Rafah and Nuseirat

By JERUSALEM POST STAFF

04/27/2024 04:30 AM

IDF: Mt Hermon targeted by 30 launches, no known casualties

By JERUSALEM POST STAFF

04/26/2024 09:34 PM

Pentagon chief: Iran should question strategy after Israel attack failed

By REUTERS

04/26/2024 08:55 PM