Full-scale war with Hezbollah is a tail-end event – Bank of Israel deputy
Government must ensure country has adequate fiscal space, Andrew Abir tells Central Banking
The Bank of Israel held rates yesterday. Its monetary policy statement said there could be an intensification of the war and a possible expansion to the Northern Front with Lebanon. How do you assess the challenges to the economy from a possible escalation in the Northern Front with Hezbollah?
Let me first explain what we published yesterday. Apart from the interest rate decision, we also published the research department’s new forecast for the economy. The forecast for the economy is based on
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