Tamuz 12, 5778, 6/25/2018
Interest Rates Experts: Shekel Weakness Will Continue Through ElectionsThe once-mighty shekel is likely to go north of 4 to the dollar by the week's end, and keep falling, as elections fuel economic downturn. Bank of Israel to Hold Interest at 3%Eyeing negative trends in the US economy and desiring to mitigate inflation and housing costs, the Bank of Israel is holding the line. Fed to Keep Rates "Exceptionally Low"The US Federal Reserve plans to keep interest rates "exceptionally low" in response to the recent slowdown in the US economic recovery. |
