Fischer set to hike interest by 0.25%

Posted on 27. Dec, 2009 by buyitinisrael in Israel Real Estate

Most analysts believe Bank of Israel Governor Stanley Fischer will raise the interest rate for January 2010 by 0.25%, bringing it to 1.25%. It would be the second hike of the base interest rate by that amount in two months. A few analysts believe the head of the central bank will leave interest unchanged at 1.0% for another month and raise it for February.

Read full the article in Ha’aretz.

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