The capital market believes that the current inflation will pass quickly

by time news

The capital market predicts a convergence back to the Bank of Israel’s inflation target (1-3 percent) in the coming years. The Bank of Israel, like central banks around the world, has been raising interest rates in recent months to curb demand and reduce inflation. It seems that both the analysts and the investors in the capital market believe that these actions, together with the weakening of external factors that lead to the increase in prices, such as the increase in energy prices, will return inflation to a level that is considered reasonable.


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