JERUSALEM (Reuters) -All five members of the Bank of Israel’s Monetary Policy Committee voted to keep the benchmark interest rate unchanged at 4.5% on April 7, according to minutes of the meeting issued by the central bank on Monday.
The committee’s focus is on stabilizing markets and reducing uncertainty, alongside price stability and supporting economic activity, the bank said in a statement.
“The interest rate path will be determined in accordance with the convergence of inflation to its target, continued stability in the financial markets, economic activity, and fiscal policy,” it said.
(Reporting by James Mackenzie; Editing by Toby Chopra)
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