UPDATE 1-Bank of Israel cuts key rate to 0.1%, expands monetary tools
The Bank of Israel lowered its
benchmark interest rate to 0.1% from 0.25% for its
first rate cut in five years on Monday, joining other central
banks in helping the economy cope with the coronavirus epidemic.
benchmark interest rate to 0.1% from 0.25% for its
first rate cut in five years on Monday, joining other central
banks in helping the economy cope with the coronavirus epidemic.
Posted by Reuters
