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Report: Israel central bank leader not concerned about inflation

Andrew Abir discussed interest rates, Israel’s high cost of living, foreign currency purchases and more with the Israeli media outlet Globes.

Israel economy
This picture taken on Dec. 1, 2021, shows an aerial view of Israel's Mediterranean coastal city of Tel Aviv., one of the most expensive cities in the world. — MENAHEM KAHANA/AFP via Getty Images

The deputy governor of the Bank of Israel, Andrew Abir, does not expect Israel to experience high inflation. 

Abir told the Israeli news outlet Globes published an interview that Israel will not be in the situation of other countries such as Poland and the Czech Republic

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