Skip to main content

BoI maintains its dovish tone as outlook dims

Israel’s central bank (BoI) sounded more cautious about the outlook at today’s MPC meeting given the rise in virus cases and tightening of containment measures. Provided the third booster jab is effective and restrictions are not tightened significantly, we think the central bank will give guidance on ending its asset purchase programme later this year. But we maintain our view that interest rate hikes are some way off.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access