Bank of Israel Governor: “Lowering interest rates now is like putting out a fire with oil”
07.01.25 | Shlomo Teitelbaum
Amir Yaron highlighted short-term inflation risks and warned against premature monetary easing. “Our baseline scenario assumes one or two rate cuts in the second half of 2025. However, if inflation moderates more quickly, we could act sooner. Conversely, if inflation remains high and sticky, we will need to maintain monetary restraint for longer.”