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The Fed is the Evil Empire, Bernanke and now Yellen are the Emperor, and Fischer has assumed the role of Darth Vader.
US president says former BoI governor is ‘widely acknowledged as one of the world’s leading and most experienced economic policy minds.’
Source familiar with matter says man credited with guiding Israel’s economy through difficult waters has already been offered US job.
The latest batch of economic data from the US and around the world makes clear that the American and global economies are sinking fast.
By PINCHAS LANDAU
Fischer grants license to Barclays; Stock portfolios fell 3% in Q2; Rami Levy gives up on Nof Zion; Facebook Deals to launch in Israel.
By GUY KATSOVITCH, YAEL GRUNTMAN, ROY GOLDENBERG,
Bank of Israel governor says protests over high cost of living came as a surprise; calls for new c'tee to check high prices.
By NADAV SHEMER
Bank of Israel governor says economy is in a very good situation with lowest unemployment since 1987, but tent protests can't be ignored.
By JPOST.COM STAFF
“Inflation will stay high over the next 12 months, at 3.6%,” analyst says.
By GUY KATSOVICH/GLOBES
Bank emphasizes that while the annual rate of increase in house prices continues to be high – an annualized rate of 15.3% – it expects the increase to slow “over the course of the coming year.”
Fischer: We are seeing a slowdown in the rate of increase in housing prices, but the rate of the increase is still too high.
By INBAL OMER, TALI TSIPORI AND ADRIAN FILUT
Central bank says decision consistent with process of returning the interest rate to a more normal range intended to position inflation firmly within the target range.
More can be done in the real-estate market; the problems of housing supply and bureaucracy need to be dealt with.
By ADRIAN FILUT/GLOBES
The IMF changes its regulations as fast as its officials change their silk ties.
By STELLA KORIN-LIEBER / GLOBES
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