Most investment advisers see further interest rate cut this year

The finding is from a survey by "Globes" and Harel.

77% of Israel's investment advisers believe that the Bank of Israel will cut its key interest rate again by the end of the year, according to a survey by "Globes" and Harel Insurance Investments and Financial Services Ltd. (TASE: HARL).

16% of the respondents said they did not think that the Bank of Israel would make a further interest rate cut this year, while 7% responded "don't know".

Published by Globes [online], Israel business news - www.globes-online.com - on July 23, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

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