Central Bank RatesIsrael policy rate in 2003 (9 changes)
Start of year8.90%
End of year5.20%Dec 31, 2003
Net change-370 bp0 hikes, 9 cuts
Average7.433%
Rank by level16 / 36
Changes in 2003
| Date | From | To | Change |
|---|---|---|---|
| Mar 27, 2003 | 8.90% | 8.70% | cut -20 bp |
| May 1, 2003 | 8.70% | 8.40% | cut -30 bp |
| May 29, 2003 | 8.40% | 8.00% | cut -40 bp |
| Jun 26, 2003 | 8.00% | 7.50% | cut -50 bp |
| Jul 31, 2003 | 7.50% | 7.00% | cut -50 bp |
| Aug 28, 2003 | 7.00% | 6.50% | cut -50 bp |
| Sep 25, 2003 | 6.50% | 6.10% | cut -40 bp |
| Oct 30, 2003 | 6.10% | 5.60% | cut -50 bp |
| Nov 27, 2003 | 5.60% | 5.20% | cut -40 bp |
Compared with other areas at the end of 2003
26%
21.25%
16.5%
16%
12.5%
9%
8%
7.25%
7%
6.75%
6.65%
6.12%
5.31%
5.25%
5.25%
5.2%
5.16%
5%
4.5%
3.75%
3.75%
3.25%
3.25%
2.75%
2.75%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
1.75%
1.25%
1%
0.375%
Year-end rate over time
3.25%
4.25%
4.5%
4.75%
3.25%
0.1%
0.1%
0.25%
0.25%
0.1%
0.1%
0.1%
0.25%
1%
1.75%
2.75%
2%
1.25%
2.5%
4.25%
4.5%
4.5%
3.7%
5.2%
8.9%
3.8%
8%
2003: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.