Reuters: Bank of Israel Governor Amir Yaron says that as tech and online shopping push prices lower, the central bank is reassessing the inflation target regime
Central bank holds key lending rate at record low 0.1%; monetary policy will be 'very accommodative' for a prolonged period; cuts forecast for GDP growth to 5.5% in 2021
Tightening the belt will curb growth but at least will not lead Israel to 'worlds of unreasonable debt,' which could spur downgrade by ratings agencies
Klein was governor in 2000-2005, when Israel struggled with economic crisis; he helped lower inflation, increase stability in financial system and liberalize forex market
Steering committee creates draft model of possible future central bank-backed digital currency as chatter on virtual payments grows globally; no decision yet re issuance
Central bank governor Amir Yaron says at end of 2022 growth is expected to be just 1.4% lower than before pandemic, 'almost fully canceling' coronavirus impact on GDP
Bank of Israel head hints more spending may come after initial announcement of massive foreign currency purchase fails to curb shekel; bank is 'fighting gravity,' says top analyst
Central Bank Governor Amir Yaron calls for 2021 budget to be presented 'as soon as possible' to create certainty in economy; earmarks NIS 10 billion for small business loans
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