The Bank of Israel lowered its key lending rate by 0.3 percentage points to 7.7 percent. The move was the 13th rate reduction announced by Israel’s central bank during the past 15 months. The cut had been widely expected because of tame inflation in Israel.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
