Gaza Rocked by Rare Mass Protests Against Hamas - but Israel May Pay the Price

In a Surprise Rate Cut, Bank of Israel Acts to Head Off Economic Slowdown

Worried that the economy is slowing, the central bank lowered its benchmark rate to 1.75% and economic growth outlook to 2.8%.

Concerned that the economy is slowing, yesterday afternoon the Bank of Israel took advantage of the low-inflation environment to lower short-term interest...