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Israel Online · Oct 20, 2026

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Bank of Israel Expected to Hold Interest Rates Ahead of National Election The Bank of Israel is expected to leave its benchmark interest rate unchanged at 3.25% when it announces its next decision Wednesday. All 15 economists surveyed by Reuters expect the central bank to pause after three consecutive rate cuts. The anticipated decision comes just days before Israel's October 27 election. Economists say another rate reduction remains possible later this year if inflation stays under control.

*Bank of Israel Expected to Hold Interest Rates Ahead of National Election* The Bank of Israel is expected to leave its benchmark interest rate unchanged at 3.25% when it announces its next decision Wednesday. All 15 economists surveyed by Reuters expect the central bank to pause after three consecutive rate cuts. The anticipated decision comes just days before Israel's October 27 election. Economists say another rate reduction remains possible later this year if inflation stays under control.

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