Israel’s Fischer held in line with majority view

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The minutes of the Bank of Israel's latest monetary policy meeting show that the majority of senior officials wanted the central bank to hold rates - in line with the governor's vote.

The minutes show three out of four participants called on Stanley Fischer, the governor, to hold rates in the meeting on the 25 and 26 October. One member called for a quarter-point hike. Fischer, who alone decides on the central bank's policy rate, opted to keep it on hold for the second straight month.

Fischer in

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