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Bank of Israel holds interest rates steady a week before election

The annual inflation rate edged up to 1.6% in September - well within the bank's 1% to 3% target range - from 1.5% in August.

  • Bank of Israel keeps interest rates at 3.25% before election
  • Inflation stable at 1.6%, within target range of 1-3%
  • Economists predict 5.6% GDP growth in 2026, 7.5% in 2027

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