Summary of Discussions on Interest Rate Decisions

In accordance with Section 19(a) of the Bank of Israel Law, the Monetary Committee publishes a summary of its discussions regarding the monetary policy. The discussions are published within two weeks of the date of the decision.

The presentation of summaries of the discussions in a format accepted by central banks of advanced economies around the world is intended to increase the transparency of the monetary policy. Publication of the summaries of the discussions, together with the Bank's other publications, enables the public, the Knesset, and the government to deepen their understanding of the Bank of Israel's monetary policy.