(ILGD <GO> for Israel Finance Ministry)
(ECO IS <GO> Israel Economic releases)
(BOIJ <GO> for Israel Central Bank)
(MET <GO> and EXTRA <GO> for Middle East turmoil)
Jan. 24 (Bloomberg) -- The Bank of Israel reduced its benchmark interest rate 25 basis points to 2.5 percent, saying the European debt crisis remains a threat to domestic growth. Ten of 23 economists surveyed by Bloomberg predicted a cut, and the remainder forecast no change.
--Editors: Susan Lerner, Claudia Maedler
To contact the reporters on this story: Shoshanna Solomon in Tel Aviv at firstname.lastname@example.org; Sharon Wrobel in Tel Aviv at email@example.com
To contact the editor responsible for this story: Claudia Maedler at firstname.lastname@example.org