Rate-hold decision expected, at least for now

ISRAEL - Report 01 Sep 2023 by Jonathan Katz

1. We expect a rate-hold decision on Monday, with inflation moderation the overwhelming consideration.

2. Much uncertainty remains regarding who the next Governor will be, and we could see Deputy Governor Abir fill the position for quite some time.

3. Private consumption indicators point to deceleration.

Now read on...

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