Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $17,493
21%  
Woo hoo!! And we're now over 21%!! Thank you all very much!! God bless.

Keyword: negativeinflation

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  • Bank of Israel cuts rate to historic low

    02/23/2015 9:29:28 AM PST · by Olog-hai · 2 replies
    Yedioth Ahronoth News ^ | 02.23.15, 18:10 | Amnon Atad
    The Bank of Israel lowered its benchmark interest rate on Monday to an all-time low of 0.1 percent on Monday. The move came as a surprise, after 11 of 12 economists polled by Reuters had expected the central bank to stand pat. The central bank cut the rate to signal its determination to push back against the negative inflation holding down the market towards its intended annual target of one to three percent. Lowering the interest rate theoretically leads to an increase in demand within the market and helps increase prices towards the inflation target which the Bank of Israel...