July 31, 2019 / 11:15 AM / 22 days ago

Israel rates likely on hold for extended period -central bank chief

JERUSALEM, July 31 (Reuters) - Bank of Israel Governor Amir Yaron said on Wednesday there will likely be no interest rate increases for an extended period of time due to a surprise decline in the inflation rate and expansionary policies of major global central banks.

“If necessary, we have more tools available,” Amir said in a statement. (Reporting by Steven Scheer; Editing by Tova Cohen)

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