The Bank of Israel Monetary Committee meets with the financial forecasters

Governor of the Bank of Israel Prof. Amir Yaron and members of the Bank of Israel Monetary Committee, today held their quarterly meeting with the group of forecasters that regularly provides the Bank of Israel with forecasts for inflation, the interest rate, and the exchange rate. The meeting provides an opportunity for an exchange of opinions and assessments between the Bank of Israel and leading financial institutions in the economy.

 

Prof. Yaron opened the meeting by discussing the state of the global and domestic economies in view of developments in the coronavirus crisis.

 

Osnat Zoha​r, an economist in the Bank of Israel Research Department, presented ​and explained the Research Department’s assessment as prepared and published on April 19 in parallel with the recent interest rate announcement.

 

The forecasters responded and conveyed their assessments of developments.