Wall Street shade close higher trading progress in negotiations on the debt ceiling

Financial Education
Wall Street shade close higher trading progress in negotiations on the debt ceiling
Law | Cars | Opinions | Careers | Tourism | Academy | Appointments | Environment haddam ct | Land Calcalist RSS | Play RSS
A few days ago, while most of the house of Israel, Sukkot holiday spending, the Bank of Israel again managed to surprise the market interest rate reduction of 0.25%, and thus returned to its level rate (1.00%) 5 years ago, at the height of the global crisis after the collapse of investment bank Lehman Brothers.
The essence of no surprise interest rate cut when the surprise was just the timing and it's not considerably. The current economic circumstances in Israel's growth is significantly lower than the potential of the economy, and particularly the composition of growth is weak, is the reality that she could not leave the Bank of Israel indifferent, especially when parallel to the shekel continues haddam ct to be robust nature in the world and the Governor of the U.S. Federal Reserve provides during the holiday tailwind Bank of Israel and continues the quantitative haddam ct easing program (acquisition of financial assets) unchanged at this stage.
The main criticism of the move by the Bank of Israel has absorbed those who fear further swelling of the "real estate bubble" local view of ongoing price increases in recent years and the low level of interest it is a preservative. Levels in housing prices, haddam ct it is indeed a point which must disturb the sleep from the eyes of all decision makers and requires immediate root canal view of the relatively sharp rise in recent years and at all the implications associated primarily socio - economic situation, continue to increase leverage and households. haddam ct
Bank of Israel required the issue of housing haddam ct prices primarily by restrictions imposed by the line mortgage market. The bank does not need and can alone lower housing prices and therefore the voices demanding to manage monetary policy by the local housing market to the central sinners facing the central bank. Central bank manages monetary policy to achieve its objectives and price stability and encouraging employment growth and supporting the stability of the financial system. This aspect certainly have to take into account the developments in the housing market but interest-rate policy only on this aspect is a narrow thought that takes into account the full economic picture.
Therefore, haddam ct it seems that the last interest haddam ct rate decision by the Bank of Israel was justified, and not only that, it seems that in light of the expected decline in inflation, the likelihood of continued appreciation while continuing to influence the flow of natural gas, and the continued weakness in global demand expected to weigh on Israeli exports and therefore may be downloaded Another interest rate by the Bank of Israel towards the end of this year or at the latest haddam ct early next year.
The issue of housing prices go back and emphasize haddam ct that the key to lowering prices is mainly the government. Proper policies, long-term not only contribute download properly controlled and housing prices, but also contribute to growth haddam ct amid an increase in tax collection due to the fact that the construction industry taxation intensive industry.
Israel
Land Issues Vehicle Sports Business Career Law cartoonist applications Ndlnisst World Leisure 2013 Digital Consumer Video Aviation and Tourism New appointments goals Archive Technology Financial Education Web Advertising and marketing ideas special environmental responsibility and photovoltaic Kalkalist
Tools Tags Newsletters RSS mobile haddam ct browsing 24/7 appointment newspaper you Kalkalist Buzz Sitemap blade Oniv Tel Aviv Red Mile Xnet Jobs = 4) {this.style.behavior = 'url haddam ct (# default # homepage)'; this.setHomePage ('http://www.calcalist.co.il/')} return false; "> Make Homepage applications Kalkalist Calcalist Copyright