Tuesday, November 27, 2007

הידד בנק ישראל!

- ריבית בנק ישראל לחודש דצמבר 2007

Bank of Israel didn't cave into the pressure. The dollar is too low, inflation is too low, and Bank of Israel made the tremendously difficult decision to do nothing.

The banks have been very iffy for the past few weeks. This should reassure them and be good news for our clients. The base interest rate remains 4%. The prime rate remains 4.5%. These are good, affordable levels that are good for the economy, and allow businesses, consumers and even banks to prosper.

Israeli Mortgage Advice