Bank of Israel minutes note that all MPC members voted to cut the benchmark interest rate by 25bps to 3.5% on July 6th

The Bank of Israel's MPC unanimously decided to cut the benchmark interest rate by 25bps, indicating a consistent stance towards easing monetary policy.

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Bank of Israel minutes note that all MPC members voted to cut the benchmark interest rate by 25bps to 3.5% on July 6th

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This decision could signal further easing expectations and shift market focus towards how the move might impact the shekel and broader regional economic sentiment, particularly considering global rate trends.

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