Bank of Israel cuts rates again, to lowest in nearly four years
Bank of Israel cut short-term interest rates for the third straight time, to the lowest level in nearly four years, citing contained price pressures helped by a strong shekel versus the dollar.
The Bank of Israel cut short-term interest rates for the third straight time on Tuesday — and to the lowest level in nearly four years — as price pressures remained contained, helped by a strong shekel FX_IDC:USDILS against the dollar.In contrast to tighter monetary policy globally, Israel's centra…