Conditions are ripe for steady aggressive tightening

ISRAEL - Report 25 Jul 2022 by Jonathan Katz

1. Despite some modest decline in the demand for workers, the labor market remains tight and at full employment.

2. Growth appears to be fairly steady, with some moderation.

3. We continue to expect fairly aggressive tightening this year, to 2.75% by early 2023.

Now read on...

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