Bank of Israel interest rate increases by an additional 0.5%
A further increase in the interest rate may reduce the effects of inflation, but it will have a negative impact on the recipients of loans and mortgages.
The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. (photo credit: REUTERS/RONEN ZVULUN/FILE PHOTO)ByJERUSALEM POST STAFFUpdated:
