UPDATE 1-Bank of Israel raises key rate 1/4-point to 4.25 pct

Story date: 2007-12-24 01:21:00
Added on: 2007-12-24 23:00:14

Reuters - The rise in the interest rate is necessary to try and meet the inflation target, in light of the rise in inflationary pressures reflected both in actual inflation and inflation expectations." Israeli consumer prices rose a surprising 0.4 percent in ...


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