Bank of Israel Decision Opens With Markets Pricing Rate Cut

Israel's July 6 interest-rate decision opens with markets focused on whether the Bank of Israel will cut the 3.75% benchmark rate again after May's reduction. The central bank's official calendar lists the July 6 publication, research forecast and press conference, while its homepage shows 1.9% annual inflation, inside the 1%-3% target range. Israeli market coverage says investors expect a 0.25-point cut at the 4 p.m. decision, with economists warning that wage pressure, geopolitical risk and a weaker shekel argue against a larger 0.50-point move. The decision matters for mortgages, exporters and the shekel, and Israel's resilience gives policymakers room to support growth while protecting price stability.