Bank of Israel Deputy Governor: The October election did not affect Tuesday's decision to cut interest rates. The low inflation and strong Israeli new shekel may allow further interest rate cuts. The Israeli economy is doing well, but the growth is partly benefiting from production outside of Israel. Focus on how the market and economy reacted to cutting interest rates for the third time in a row. Israel's geopolitical risks remain.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.