Negative Rates No More Taboo in Israel as Virus Hits Economy
American and Israeli flags fly together near the new U.S. embassy in Jerusalem, Israel. (Photographer: Seth Herald/Bloomberg)

Negative Rates No More Taboo in Israel as Virus Hits Economy

(Bloomberg) -- The Bank of Israel shifted course by cutting interest rates to just above zero, and hinted it may not stop there if the coronavirus continues to ravage the economy.
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