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Israel-Hamas war: Bank of Israel governor warns of inflation in Israel
The war on the Gaza Strip is taking some kind of financial toll on Israel. In the latest, the Bank of Israel is been forced to lower its short-term borrowing rates for the first time in nearly about four years. This makes Israel the first developed Nation to in fact cut interest rates for the first time since April 2020. To know more watch this interview with Eran Yashiv, Professor at Tel Aviv University.
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