1.0Jewish Telegraphic Agencyhttps://www.jta.orgadminhttps://www.jta.org/author/adminrich600338<blockquote class="wp-embedded-content" data-secret="t1UPjqMtvp"><a href="https://www.jta.org/archive/interest-rates-rise-as-israel-vows-to-make-cuts-in-its-budget">Interest Rates Rise As Israel Vows to Make Cuts in Its Budget</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.jta.org/archive/interest-rates-rise-as-israel-vows-to-make-cuts-in-its-budget/embed#?secret=t1UPjqMtvp" width="600" height="338" title="“Interest Rates Rise As Israel Vows to Make Cuts in Its Budget” — Jewish Telegraphic Agency" data-secret="t1UPjqMtvp" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> The Jewish state’s new government will make cuts in its budget but will not raise taxes in order to reduce the budget deficit, Jacob Frenkel, governor of the Bank of Israel, said this week. Frenkel’s announcement Monday coincided with the bank’s announcement that it would raise July interest rates by 1.5 percent. Frenkel, who was […]https://www.jta.org/wp-content/uploads/2018/12/jta-long-logo-bw.jpg600315