The Bank of Israel announced, Monday, that the interest rate it charges commercial banks will stay at a tenth of a percent in December. A statement accompanying the announcement said, "The decision to keep the interest rate for December 2016 unchanged at 0.1 percent is consistent with the Bank of Israel's monetary policy, which is intended to return the inflation rate to within the price stability target range of 1–3 percent a year, and to support growth while maintaining financial stability."
On the domestic side the bank said, "The picture of real economic activity remains positive." It said, "There is considerable uncertainty regarding the changes that will occur in US economic policy in the medium term and their effect on Israel’s economy." It concluded, "The Monetary Committee is of the opinion that the risks to achieving the inflation target remain high."