JERUSALEM Dec 12 All four rate setters at
Israel's central bank voted to keep the benchmark interest rate
at 0.1 percent for a 21st straight month on Nov. 28,
minutes of the discussions showed on Monday.
Policymakers cited an improvement in the deflation trend, in
which the annual inflation rate rose to -0.3 percent in October
from -0.4 percent in September.
"Annual inflation has been in an upward trend recently - due
to the dissipation of the effect of the declines in energy
prices and price reductions initiated by the government - but it
remains negative, and below the target range," the minutes said,
referring to an annual 1-3 percent inflation target.
It added that growth in wages will help to push inflation
back to its target in 2017, while policymakers also pointed to
solid economic growth backed by "near full employment."
(Reporting by Steven Scheer, Editing by Ari Rabinovitch)