Bank of Israel cuts interest rate to 3.75%
The Bank of Israel has decided, for the second time this year, to lower the interest rate in the economy by a quarter of a percentage point, to 3.75%.
The Bank of Israel has decided, for the second time this year, to lower the interest rate in the economy by a quarter of a percentage point, to 3.75%.

Housing costs are trending downward in Israel despite recent interest-rate cuts by the Bank of Israel.
