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As expected, the Bank of Israel slashes its benchmark rate 25 basis points to 2.75%. This...
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Monday, November 28, 2011, 10:41 AM ETAs expected, the Bank of Israel slashes its benchmark rate 25 basis points to 2.75%. This follows September's surprise cut. Chief among the bank's concerns is the weakening global economy, with the EU being at the forefront. Israel ETF: ISL -22% YTD.
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