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Bank of Israel likely to raise rates above 3.5%, deputy governor says

22 Tháng Mười Một 2022
Bank of Israel likely to raise rates above 3.5%, deputy governor says © Reuters. FILE PHOTO: Bank of Israel Deputy Governor Andrew Abir poses for a picture in his office in Jerusalem July 8, 2020. REUTERS/Ammar Awad

JERUSALEM (Reuters) - The Bank of Israel is still in the process of front-loading interest rates and will likely raise rates to above 3.5%, Deputy Governor Andrew Abir said on Monday after a half-point rate increase to 2.75%.

Abir told Reuters that the central bank preferred "to err on the side of making sure we get inflation down" with its monetary policy.

That means, he said, that the benchmark rate would likely go above the bank's own economists' forecast of 3.5%.

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06-12-2022 01:08:29 (UTC+7)

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 EUR/USD1.0497Neutral
 GBP/USD1.2181↑ Sell
 USD/JPY136.60Neutral
 AUD/USD0.6709Neutral
 USD/CAD1.3575Sell
 EUR/JPY143.38↑ Sell
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 Siemens AG135.44↑ Buy
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Cập nhật 06-12-2022 01:08:31
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Cập nhật lúc 18:53:14 05/12/2022
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