Bank of Israel says it is not planning to move next rates decision from Nov. 24

BY Reuters | ECONOMIC | 10/15/25 05:17 AM EDT

JERUSALEM, Oct 15 (Reuters) - The Bank of Israel said on Wednesday it does not plan to bring forward its next interest rates decision from November 24, denying rumors that it may do so in the wake of the end to the Gaza war that has underpinned inflation and kept rates high.

Citing unnamed economic sources, Israeli media reported that the central bank is considering a rates reduction ahead of its next decision. On September 29, the monetary committee voted 6-0 in favour of holding the benchmark rate at 4.5%.

"In light of the rumors on the matter, we clarify that the upcoming interest rate decision is scheduled for November 24, 2025," the central bank said in a statement.

"Although the Bank of Israel reserves the right to make interest rate decisions outside the regular schedule, the issue of moving the decision forward is not under consideration."

(Reporting by Steven Scheer; Editing by Alison Williams)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article