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Investing.com -- The Bank of Israel clarified on Wednesday that it does not plan to bring forward its next interest rate decision from November 24, refuting rumors that it might do so following the end of the Gaza war.
The central bank issued a statement addressing speculation in Israeli media, which had cited unnamed economic sources suggesting the bank was considering an early rate reduction.
"In light of the rumors on the matter, we clarify that the upcoming interest rate decision is scheduled for November 24, 2025," the Bank of Israel stated.
The bank added that while it "reserves the right to make interest rate decisions outside the regular schedule, the issue of moving the decision forward is not under consideration."
The benchmark interest rate currently stands at 4.5%, a level maintained by a unanimous 6-0 vote from the monetary committee on September 29. The Gaza conflict has been a factor contributing to inflation pressures that have kept rates elevated.
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