The key rate, they are always slightly lower, since banks are requir to create reserves, make ductions to the DIA, etc. In general, deposit israel telegram data rates have increas significantly. At the same time, rates for longer terms depend on expectations for the future trajectory of the key rate, and here, of course, communication is very important.
As banks realize that the key rate will remain
An elevat level for a long time, long deposit rates are also pull up. But this is not about the transmission mechanism as such, it is precisely about adjusting expectations regarding the monetary policy being carri out and the economic circumstances in which it is being carri out. Crit rates are also adjust accordingly with some lag. The interest rate is a very effective instrument and the main instrument of influence on the dynamics increases brand recognition and visibility of lending, aggregate demand and through it on inflation. All other instruments that are periodically mention are much less significant in terms of this influence.
The Central Bank rate has grown
by 5.5 percentage points, and the rate of growth of lending, as we have already discuss, is not slowing down much. You yourself said agb directory that they are far from balanc growth.
