<div>UPDATE 2-Israel's economy would have to deteriorate significantly before a rate cut -cenbank chief</div> <!-- no image --> <div>* Monetary policy should therefore be accommodative -Yaron (Adds Bank of Israel chief comments, updated forecasts)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=Hmvwt2MC64M:y8v8JvW8Wuc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=Hmvwt2MC64M:y8v8JvW8Wuc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=Hmvwt2MC64M:y8v8JvW8Wuc:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=Hmvwt2MC64M:y8v8JvW8Wuc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=Hmvwt2MC64M:y8v8JvW8Wuc:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/Hmvwt2MC64M" height="1" width="1" alt=""></div> Posted by Reuters