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The Bank of Israel and the Bank of Korea have both decided to keep their benchmark interest rates steady, surprising traders who had anticipated rate cuts. The Bank of Israel aims to stabilize the shekel, while the Bank of Korea seeks to slow the resurgence of household debt and maintain economic momentum. These decisions come as the Bank of Korea extends its rate pause, maintaining a hawkish stance on price pressures. The moves by both central banks indicate their efforts to stabilize their respective currencies and address economic concerns.
Bank of Korea Stands Pat Again as Economy Shows Signs of Cooling - WSJ https://t.co/kKBK3Nm6rk
South Korea's central bank extends rate pause, as widely expected https://t.co/FWFV0BaTDi https://t.co/1T4LE8Vm2t
Bank of Korea extends rate pause, keeps hawkish tilt on price pressures https://t.co/kI6NQnMEYF https://t.co/PNyVP9xu5a
The Bank of Korea is poised to hold its benchmark interest rate steady as it seeks to slow a resurgence in household debt while also preserving economic momentum https://t.co/Y5TJLmUtWC
The Bank of Korea is poised to hold its benchmark interest rate steady as it seeks to slow a resurgence in household debt while also preserving economic momentum https://t.co/ciQF4Re7iQ
The Bank of Israel moves to underline the importance of steadying the shekel, reversing expectations among traders who bet on a big interest-rate cut https://t.co/4P0UcIgfdh
The Bank of Israel moves to underline the importance of steadying the shekel, reversing expectations among traders who bet on a big interest-rate cut https://t.co/kCtkHYS2i5
The Bank of Israel moves to underline the importance of steadying the shekel, reversing expectations among traders who bet on a big interest-rate cut https://t.co/MTd5EIBwmd