Israel Governor Dr. Karnit Flug and members of the Monetary Committee today
held the quarterly meeting with a group of forecasters who on a regular basis
provide the Bank of Israel with forecasts on inflation, the interest rate, and
exchange rates. The meeting serves as an exchange of views and assessments
between the Bank of Israel and important financial institutions in the market.
Dr. Flug opened the meeting and referred to developments in
the global and domestic economies.
Bank of Israel Research Department economist, Eliezer
Borenstein, presented the Research Department’s staff forecast, which was
published in tandem with the most recent interest rate decision.
The forecasters offered their responses and provided their assessments of