Amid interest rate increase: Mortgage returns, overdraft spike by hundreds

Bank of Israel's 0.75% interest rate increase is the highest in the last 20 years. Here's what it means and why it's facing backlash.

The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

(photo credit: REUTERS/RONEN ZVULUN/FILE PHOTO)

ByYEHUDA SHARONI/MAARIV

AUGUST 31, 2022 20:52

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